Tag: ‘trust funds’

Time to End Washington’s Trust Fund Gimmicks

By :: March 16th, 2012

Why do we bother with government trust funds? As the Senate’s just-passed highway bill proved yet again, Congress is turning these funds into little more than accounting shams. In theory, it makes sense to establish special accounts where designated revenues are set aside for a specific purpose. But in practice, Washington is grossly abusing the […]

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