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Most of the tax money spent by the national or federal government is spent on?
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∙ 10y ago
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∙ 10y ago
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What is The largest portion of the federal government budget is spent on?
The largest portion of the federal government's budget is spent on national defense. The defense of the nation is very important because it is what spurs national growth.
What the national debt?
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
What is the national debt?
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
What is the difference between the national debt and the federal deficit?
national debt- total amount of money the federal government has arrowed and has yet to pay back. the national debt is how much the economy//government//we owe back. yet will still be paid. federal deficit- a short fall between the amount of revenue the government takes in and the amount it spends. federal deficit will not be paid back. but the amount of money the economy//government//we owe. they will never see the money because it just keeps getting spent.
Where is the greatest proportion of the money spent by the federal government in any given year is used?
income security payments to individuals and national defense
When the national government appropriates money to the states on the condition that it be spent as dictated by the national government this money is called?
A categorical grant (or grant-in-aid)
How much money is going towards Medicaid?
In 2008, the federal government spent $186 billion on medicaid.
Congress has the ability to appropriate funds to be spent by the federal government.?
Congress has the ability to appropriate funds to be spent by the federal government.
The largest allocation in the federal budget goes to?
The largest portion of the federal government's budget is spent on national defense. The defense of the nation is very important because it is what spurs national growth.
What percentage of federal budget is spent on the environment?
Every year, money from the federal budget is allocated for spending on the environment. For instance, in 2013, the government spent 2.2 billion dollars on the environment, which amounts to 6 percent of the federal budget.
How has categorical grants increase the power of the federal government?
Another example of federal government taking states power would be the new ways of controlling the states spending, the government now gave out categorical grants from which it could control how the states spent this money. For some states the government was giving out over $200 billion dollars from which 90% of this would be categorical grants and the federal government would regulate how it was spent. The states therefore were restricted on what they could spend the money on and this further showed an increase in federal government's power.
What is income tax spent on?
Federal income taxes fund the federal budget. The federal budget is spent in a variety of ways, from military and defense spending, federal employee salaries, federal buildings, grants to state/local governments for various projects, such as roads and schools, foreign aide as well as everything else the federal government does. Check http://www.gpoaccess.gov/usbudget/ for more info about how/where the federal government spends money.
