Qorvis Book Party Launches Red Ink In Washington

More than 200 people – including some of the biggest names from the inside-the-beltway media world – attended a Qorvis-hosted party yesterday to celebrate the release of Red Ink: Inside the High-Stakes Politics of the Federal Budget by Wall Street Journal Economics Editor David Wessel.

The fact that so many people showed up in August to celebrate a book on the federal deficit and national debt is a great indication of the effect Wessel’s work will have on a debate that is going to grip the whole country through Election Day.

Wessel, the winner of two Pulitzer Prizes and the author of the previous New York Times best seller In Fed We Trust, is good friends with Qorvis Partner Stan Collender. Stan is one of the world’s experts on the federal budget and is quoted in the book.

This is part of Qorvis’ constant efforts to bring the best and most relevant experts, personalities and opportunities to our clients, staff and friends.

In his remarks, Wessel made it clear that his book provides readers with the facts about the budget debate so they can decide for themselves what should be done – instead of relying on the hyper-partisan and excessively ideological debate in Washington. For such a typically dense and unapproachable subject as the federal budget can be, Wessel easily walks readers through the important choices the country must make to stem the tide of rising debt – from health care to defense to taxes.

Wessel also made it clear that the book is not just charts and tables – it talks a great deal about some of the people involved in the debate. He especially noted the contributions of Secretary of Defense Leon Panetta, who previously served as chairman of the House Budget Committee, director of the Office of Management and Budget, and as White House chief of staff in the Clinton administration. Panetta, he noted, was known as Mr. Budget when he served on the Hill.

In the book, Wessel quotes Secretary Panetta as saying that what drives change is great leadership and in the absence of great leadership, change is driven by crises. But, he opined, that today neither leadership nor a looming financial crisis appears to have forced the choices and changes this country needs to make to get back on sound financial footing.

Let’s hope that leadership steps in before it is too late.

You can see some of the pictures from the party on the Qorvis Facebook page.