Most circular 7-1/4 saws have a bolt and a compression washer that acts as a brake shoe that holds the blade secure but under dire circumstances will allow the blade to slip some rather than hold the motor shaft and allow burn out. The compression washer under your bolt has become worn and doesn't grip the blade securely. You can find a split washer that will fit under the blade and give you some more friction, or go to sears and order another compression washer for your saw.In the Sears Parts List found at: http://www.searspartsdirect.com/partsdirect/part-model/Craftsman-Parts/Saw-Parts/Model-32018780/0247/0744410/50035950/00001?blt=06&prst=&shdMod=
see part no. 44
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