Although designed for participants in the National Issues Forum, this booklet, which describes the impact of the federal deficit and the federal budget process, is also useful for secondary school social studies. The six sections begin with an introduction describing why the deficit grows yearly and why it is difficult for Congress to stop its growth. The next section, "The Nation's Growing Deficit," summarizes three reasons for concern: (1) the rapid growth of the national debt, (2) the reasons for borrowing, and (3) the effect of the debt on economic recovery. "Going after Waste, Fraud, and Abuse" raises questions about whether reforming mismanagement would significantly reduce the debt. "A Guided Tour of the Federal Budget" discusses where tax money goes. "Paying the Bill for Big Government" discusses taxes and the possibility of tax increases. "The $200 Billion Question" covers the choices which must be faced if the deficit is to be reduced. Two self-administered questionnaires intended for completion before and after participating in a public forum or reading the booklet are included, as well as a list of recommended readings. (IS)