The Price of Politics

Based on 18 months of reporting, Woodward's 17th book The Price of Politics is an intimate, documented examination of how President Obama and the highest profile Republican and Democratic leaders in the United States Congress attempted to restore the American economy and improve the federal government’s fiscal condition over three and one half years. Drawn from memos, contemporaneous meeting notes, emails and in-depth interviews with the central players, The Price of Politics addresses the key issue of the presidential and congressional campaigns: the condition of the American economy and how and why we got there. Providing verbatim, day-by-day, even hour-by-hour accounts, the book shows what really happened, what drove the debates, negotiations and struggles that define, and will continue to define, the American future. See how and why Washington is not functioning in Bob Woodward's freshly reported, thirty-five-page Afterword to his national bestseller, The Price of Politics , which provides a detailed, often verbatim account of what happened in the dramatic "fiscal cliff" face-off at the end of 2012 between President Obama and the Republicans. Now it's happening again. In fall 2013, Washington faces a new round of budget and fiscal wars that could derail the American and global economies. "We are primarily a blocking majority," said Michael Sommers, Speaker John Boehner's chief of staff, summarizing the House Republican position. It was the land of no-compromise: On health care cuts over ten years, Boehner suggested to Obama, you are $400 billion, I'm at $600 billion. "Can we split the difference here? Can we land at $500 billion?" "Four hundred billion is it," Obama replied. "I just can't see how we go any further on that." After making $120 billion in other concessions, Obama pleaded with Boehner, "What is it about the politics?" "My guys just aren't there," Boehner replied. "We are $150 billion off, man. I don't get it. There's something I don't get." The Price of Politics chronicles the inside story of how President Obama and the US Congress tried, and failed, to restore the American economy and set it on a course to fiscal stability. Woodward pierces the secretive world of Washington policymaking once again, with a close-up story crafted from meeting notes, documents, working papers, and interviews with key players, including President Obama and House Speaker John Boehner. Woodward lays bare the broken relationship between President Obama and the Congress. This book examines the struggle between President Obama and the United States Congress to manage federal spending and tax policy for the three and one half years between 2009 and the summer of 2012. More than half the book focuses on the intense 44-day crisis in June and July 2011 when the United States came to the brink of a potentially catastrophic default on its debt. Based on eighteen months of reporting, the author presents a well-documented examination of how President Obama and the highest profile Republican and Democratic leaders in the U.S. Congress attempted to restore the American economy and improve the federal government's fiscal condition over three and a half years. Providing verbatim, day-by-day accounts, he shows what really happened, what drove the debates and struggles that continue to define the American future. The Price of Politics chronicles the inside story of how President Obama and the U.S. Congress tried, and failed, to restore the American economy and set it on a course to fiscal stability. Woodward pierces the secretive world of Washington policymaking once again, with a close-up story crafted from meeting notes, documents, working papers, and interviews with key players, including President Obama and House Speaker John Boehner. Woodward lays bare the broken relationship between President Obama and the Congress. In a new afterword, What Is Really Happening in Washingtons Economic Wars , Woodward details the further negotiations after Obamas reelection, when he and Congress faced the fiscal cliff only to end in a perilous stalemate.
Like his twelve #1 national bestsellers from All the President's Men to Obama's Wars, Bob Woodward's new book takes us inside the rooms where the nation's business is negotiated at the highest levels. Bestselling and Pulitzer-winning Bob Woodward's new book takes us into the rooms where the United States' business is negotiated at the highest levels Traces the behind-the-scenes battle between President Barack Obama and Congress over the nation's economics