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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.
  • ISBN13: 9780521771740
  • Publisher: Cambridge University Press
  • Pubilcation Year: 2000
  • Format: Hardcover
  • Pages: 00246
Specifications
FormatHardcover
SeriesTheories of Institutional Design
Publication DateJuly 22, 2015
Pages246

Putting Trust in the Us Budget

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