Putting Trust in the US Budget (Hardcover) (ISBN-13: 9780521771740)

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.

Author: Eric M. Patashnik
ISBN-10: 0521771749
ISBN-13: 9780521771740
Publisher: Cambridge University Press
Language: English
Published: 08/28/2000
Pages: 246
Format: Hardcover
Weight: 1.10lbs
Size: 9.10h x 6.10w x 0.80d