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Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment

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In the United States many important programs are paid from trust funds. At a time when major social insurance funds are facing insolvency, this book provided the first comprehensive study of this significant yet little-studied feature of the American welfare state. Equally importantly, the author investigates an enduring issue in democratic politics: can current officeholders bind their successors? By law, trust funds, which get most of their money from earmarked taxes, are restricted for specific uses. Patashnik asks why ...

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Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment
2000, Cambridge University Press, Cambridge

ISBN-13: 9780521771740

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Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment
2000, Cambridge University Press, Cambridge

ISBN-13: 9780521777483

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