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Government spending is the amount of money that a government allocates and eventually spends in a specific period of time. The US government spends about one trillion dollars per year.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoMoney from taxes and other sources that the government spends.
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Most federal mandatory spending is spent on?
Most federal mandatory spending is spent on entitlements.
What is the largest area of federal spending today?
The largest area of federal spending today is for social security. This is followed by Medicare, and Medicaid. Next in line is defense spending.
How did government spending affect the economy-?
Federal spending on forgein aid increased demand for U.S goods.
What is the Largest area of federal spending?
education
What is the fastest growing category of federal expenditures since 1980?
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.
What happens if tax revenue of the federal government exceeds spending?
There is a federal budget deficit.
What percent of federal spending was mandatory in 2010?
55%
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
How did the Democrat and Republican agendas differ in the 2012 election?
Democrats wants to increase federal spending in order to stimulate the economy; Republicans wanted to cut federal spending.
During reagans presidency federal spending increased most for?
Ronald Regan increased spending on the military
During Reagan's presidency federal spending increased most for what?
Ronald Regan increased spending on the military
Power over all federal spending?
The Chairman of the Appropriations Committee has power over all federal spending. The Senate Appropriations Committee is the largest committee in the U.S. Senate.
