Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment (Theories of Institutional Design)
ISBN-13:
9780521777483
ISBN-10:
0521777488
Edition:
1
Author:
Eric M. Patashnik
Publication date:
2000
Publisher:
Cambridge University Press
Format:
Paperback
246 pages
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Book details
ISBN-13:
9780521777483
ISBN-10:
0521777488
Edition:
1
Author:
Eric M. Patashnik
Publication date:
2000
Publisher:
Cambridge University Press
Format:
Paperback
246 pages
Summary
Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment (Theories of Institutional Design) (ISBN-13: 9780521777483 and ISBN-10: 0521777488), written by authors
Eric M. Patashnik, was published by Cambridge University Press in 2000.
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Description
In the United States many important programs, such as Social Security and Medicare, are paid from trust funds. At a time when major social insurance funds are facing insolvency, this timely book provides the first comprehensive study of this significant yet little-studied feature of the American welfare state. Trust funds are at the heart of US budgeting and public social provision, and also raise a fundamental question of democratic politics: can current officeholders bind their successors? Through detailed case studies Patashnik shows how long term government commitments are effectively designed.
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