The New York Times and Byliner Publish HERE’S THE DEAL: How Washington Can Solve the Deficit and Spur Growth

By Pulitzer Prize Winner David Leonhardt

February 11, 2013—San Francisco—On the eve of President Obama’s 2013 State of the Union address, The New York Times and Byliner are publishing Here’s the Deal, a clearheaded exploration of what’s wrong and right with the American economy and where it can go from here, from The Times’s Washington bureau chief, David Leonhardt. Here’s the Deal is available for $1.99 from all the major digital bookstores, exclusively in e-book form.

“All of the manufactured budget crisis of the past few years—the fiscal cliff, the debt ceiling, sequestration—have made it easy to think of deficit problems as merely a case of partisan politics,” writes Leonhardt. But as he explains, there is, in fact, a very real problem here: us, the voters. We can’t make the tough choices. We want government spending, but we don’t want to pay the taxes that fund it.

What kind of government and society do we really want? And what combination of taxes and spending will create the economic growth we need to ensure good lives for our children and their children?

In this timely book, David Leonhardt, the Pulitzer Prize–winning New York Times economic columnist and Washington bureau chief, explains lucidly and with calm authority the mess we are in—and how we can get ourselves out of it. As the Obama administration settles into its second term, and a Republican Congress grapples with what it hopes to accomplish in the next two years, Leonhardt draws on a deep understanding of the issues and the newest data, as he ranges across topics from education to Social Security, from our “investment-deficit” disorder to our wasteful medical system. What he offers is a radically sensible plan, one that Washington would do well to heed if it wants to close our deficit, shift spending to investing—especially in the young and innovative—and get us back to growth.  

Here’s the Deal is the second in a series of e-shorts co-produced by The New York Times and Byliner. These Originals, ranging between 10,000 and 20,000 words, are written to be read in a single sitting. Among future contributors to the Times-Byliner collaboration will be Pulitzer Prize winner James B. Stewart, business columnist for The Times and the author of the bestselling Den of Thieves.

About the Author: David Leonhardt (@DLeonhardt) is the Washington bureau chief of The New York Times. He won the Pulitzer Prize for Commentary in 2011, for his columns on the economy, and the Gerald R. Loeb award for his 2009 New York Times Magazine story on “Obamanomics.” A New York native, he studied applied mathematics at Yale.

About The New York Times: The New York Times Company (NYSE:NYT), a leading global multimedia news and information company with 2012 revenues of $2.0 billion, includes The New York Times, the International Herald Tribune, The Boston Globe,,, and related properties. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news and information.

About Byliner: Byliner commissions and publishes original stories written to be read in two hours or less. These “e-short” stories are available on phone, tablet, or computer as part of the Byliner subscription service, and can also be purchased individually through the major digital bookstores. Bestselling Byliner titles include Amy Tan’s Rules for Virgins, Richard Russo’s Nate in Venice, Jon Krakauer’s Three Cups of Deceit, Ann Patchett’s The Getaway Car, Nick Hornby’s Everyone’s Reading Bastard, and Buzz Bissinger’s After Friday Night Lights. On, readers get personalized access to an unmatched library of more than 20,000 fiction and nonfiction stories by the world’s best writers, allowing them to easily find, read, save, and share new and classic stories by their favorite authors.

Here’s the Deal is available for $1.99 as a Kindle Single at Amazon, a Quick Read at Apple’s iBookstore, a Nook Snap at, a Short Read at Kobo, and at To read an excerpt, visit For an Advance Reading Copy or to schedule an interview with David Leonhardt, please contact Clare Hertel at, 505-474-6783; or Danielle Rhoades Ha at, 212-556-8719.



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Byliner works directly with the world’s best writers to deliver great stories to readers. Named “one of the 10 Most Innovative Media Companies in the World” (Fast Company), Byliner is a subscription reading service and digital publisher of award-winning short fiction and nonfiction. A Byliner subscription provides unlimited access to more than 30,000 stories by hundreds of bestselling authors, as well as personalized story suggestions based on your reading time and interests. The entire library of Byliner Originals—including bestselling e-books by Margaret Atwood, Nick Hornby, Jon Krakauer, Ann Patchett, Nicole Krauss, Alexandra Fuller, Richard Russo, and Sebastian Junger—is available in the subscription service and through the major digital bookstores.



Quick facts

The New York Times and Byliner Publish HERE’S THE DEAL: How Washington Can Solve the Deficit and Spur Growth by Pulitzer Prize winner David Leonhardt. The e-short is available for $1.99 from all the major digital bookstores.
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