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Also known as direct spending, mandatory spending refers to the payments established by existing laws and made for schemes such as Medicare and Social Security, ... "For example, the Social ...
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 ...
By moving important and necessary funds for pay and benefits, for example, into direct (mandatory) spending, policymakers will have a more clear understanding of where defense dollars go and how ...
According to the Congressional Budget Office, Social Security, Medicare, Medicaid, and other healthcare programs accounted for nearly 75 percent of mandatory spending last year.
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 ...
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