Discretionary spending is non-essential spending that isn't mandatory for your basic needs like shelter, ... Some other examples of discretionary spending include: Gym memberships. Salon services.

House Budget Committee Chair Jodey Arrington, a Texas Republican, submitted a resolution on Wednesday that sought to cut $2 trillion in mandatory spending, which covers social programs, over a 10 ...

Mandatory spending, which includes programs like Social Security and Medicare, accounted for $4.1 trillion in 2024. Economists at Wells Fargo (NYSE:WFC) said reducing these outlays is improbable ...

Discretionary spending is non-essential spending that isn't mandatory for your basic needs like shelter, food, healthcare, work and personal care. Many expenses are essential, but discretionary ...

House Budget Committee Chair Jodey Arrington, a Texas Republican, submitted a resolution on Wednesday that sought to cut $2 trillion in mandatory spending, which covers social programs, over a 10 ...