Most federal mandatory spending is spent on entitlements.
refers to spending set by annual appropriation levels made by decision of Congress.
This statement is true. Deficit spending is the spending of more than the government takes in.Ê This is a fairly common practice.
deficit financing adds to public debt because it is regularly spending more than it takes in each year-and then borrows to make up the difference.
The Department of Transportation increases spending on highway repairs.
Mandatory spending example would be buying groceries. Anything that is a NEED and not a WANT is considered mandatory spending
Social Security
Deficit Spending
Mandatory spending is required by law and the other is not.
The government expenditure in financing the various aspects of the economy is an example of the discretionary spending.
Most federal mandatory spending is spent on entitlements.
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
Mandatory spending - Spending that the Government must spend. Discretionary spending - Spending category through which governments can spend through an appropriations act.
Federal spending by the government, is divided into three different categories. They are mandatory spending, discretionary spending and net interest. The fastest growing of those categories since 1980 is mandatory spending.
55%
refers to spending set by annual appropriation levels made by decision of Congress.
if you a financing a boat and it is used as collatoral you must have insurance. if there are no leins against the boat, insurance is not mandatory.