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Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment (Theories of Institutional Design)

Posted on 2010-04-15




Name:Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment (Theories of Institutional Design)
ASIN/ISBN:0521771749
Author:Eric M. Patashnik
Publisher:Cambridge University Press (2000)
Pages:Hardcover, 246 pages
File size:1.4 Mb
   Putting Trust in the US Budget: Federal Trust Funds and the Politics of Commitment (Theories of Institutional Design)


Author: Eric M. Patashnik


Publisher: Cambridge University Press (2000)


Binding: Hardcover, 246 pages


pricer: $90.00


ISBN-10: 0521771749


editorialreviews

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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