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.
Money from taxes and other sources that the government spends.
Most federal mandatory spending is spent on entitlements.
The largest area of federal spending today is for social security. This is followed by Medicare, and Medicaid. Next in line is defense spending.
Federal spending on forgein aid increased demand for U.S goods.
education
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.
There is a federal budget deficit.
55%
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
Democrats wants to increase federal spending in order to stimulate the economy; Republicans wanted to cut federal spending.
Ronald Regan increased spending on the military
Ronald Regan increased spending on the military
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.