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Putting trust in the US budget : federal trust funds and the politics of commitment / Eric M. Patashnik.

By: Material type: TextTextSeries: Theories of institutional designPublication details: Cambridge ; New York : Cambridge University Press, 2000.Description: 1 online resource (xiv, 231 pages) : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 0511016786
  • 9780511016783
  • 9780511490842
  • 0511490844
  • 9780511049606
  • 0511049609
  • 0511151756
  • 9780511151750
  • 9786610429493
  • 6610429499
  • 0511172850
  • 9780511172854
  • 1280429496
  • 9781280429491
Other title:
  • Federal trust funds and the politics of commitment
Subject(s): Genre/Form: Additional physical formats: Print version:: Putting trust in the US budget.DDC classification:
  • 336.73 21
LOC classification:
  • HD7105.45.U6 P366 2000eb
Online resources:
Contents:
Introduction: trust funds and the politics of commitment -- Political transaction costs, feedback effects, and policy credibility -- Trust fund taxes vs. general fund taxes -- Social security -- Medicare -- Highways -- Airports -- Superfund -- Barriers to trust fund adoption: the failed cases of energy security and lead abatement -- Conclusions: The structure and normative challenge of promise-keeping.
Summary: In the United States many important programs, such as Social Security and Medicare, are paid from trust funds. This book provides the first comprehensive study of this significant yet little-studied feature of the American welfare state, and also raises a fundamental question of democratic politics: can current officeholders bind their successors?
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Includes bibliographical references (pages 205-225) and index.

Introduction: trust funds and the politics of commitment -- Political transaction costs, feedback effects, and policy credibility -- Trust fund taxes vs. general fund taxes -- Social security -- Medicare -- Highways -- Airports -- Superfund -- Barriers to trust fund adoption: the failed cases of energy security and lead abatement -- Conclusions: The structure and normative challenge of promise-keeping.

Print version record.

In the United States many important programs, such as Social Security and Medicare, are paid from trust funds. This book provides the first comprehensive study of this significant yet little-studied feature of the American welfare state, and also raises a fundamental question of democratic politics: can current officeholders bind their successors?

English.

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