Federal Trust Funds And The Budget
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Author | : Eric M. Patashnik |
Publisher | : Cambridge University Press |
Total Pages | : 254 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780521777483 |
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 these structures were created, and how they have affected political dynamics. He argues that officeholders have used trust funds primarily to reduce political uncertainty, and bind distant futures. Based on detailed case studies of trust funds in a number of policy sectors, he shows how political commitment is a developmental process, whereby precommitments shape the content of future political conflicts. This book will be of interest to students of public policy, political economy and American political development.
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 38 |
Release | : 1988 |
Genre | : Budget |
ISBN | : |
Author | : Tax Foundation |
Publisher | : |
Total Pages | : 50 |
Release | : 1970 |
Genre | : Pension trusts |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 18 |
Release | : 2014 |
Genre | : Budget |
ISBN | : |
Author | : United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee |
Publisher | : |
Total Pages | : 186 |
Release | : 1990 |
Genre | : Budget deficits |
ISBN | : |
Author | : Thomas L. Hungerford |
Publisher | : |
Total Pages | : 15 |
Release | : 2010 |
Genre | : Budget |
ISBN | : |
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 96 |
Release | : 2001 |
Genre | : Budget |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : 2001 |
Genre | : |
ISBN | : |
In fiscal year 1999, trust fund receipts represented nearly half of all federal budget receipts. Despite their importance in the budget, the relationship between federal trust funds such as the Social Security or Medicare trust funds and other earmarked funds such as the Nuclear Waste Fund or the Postal Service Fund and the rest of the federal budget can be confusing to both policy makers and the public. There is confusion about the distinction between federal trust funds and private trust funds, about how trust funds compare to other fund types, about how earmarked funds are controlled in the federal budget, and about the relationship between fund accounting and the governments overall financial condition.
Author | : United States. Congress. House. Committee on the Budget |
Publisher | : |
Total Pages | : 76 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : |
Author | : United States. Congress. House. Committee on Banking and Financial Services |
Publisher | : |
Total Pages | : 160 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : |