The opening paragraphs caught my attention: "The nation’s unnerving descent into debt began a decade ago with a choice, not a crisis."
"In January 2001, with the budget balanced and clear sailing ahead, the Congressional Budget Office forecast ever-larger annual surpluses indefinitely. The outlook was so rosy, the CBO said, that Washington would have enough money by the end of the decade to pay off everything it owed."
"Voices of caution were swept aside in the rush to take advantage of the apparent bounty. Political leaders chose to cut taxes...."