Money that can be used for any purpose
The government's discretionary spending budget is used to fund various programs and services that are not mandated by law, including defense, education, healthcare, transportation, and scientific research. This portion of the budget is determined annually through the appropriations process and reflects the government's policy priorities. Discretionary spending contrasts with mandatory spending, which includes programs like Social Security and Medicare that are required by existing laws.
national defense, foreign aid, education and transportation...(although I do not think its limited to just these categories...)
The largest category of discretionary spending in the U.S. federal budget is typically defense spending, encompassing funding for the military, national security, and related programs. Three additional examples of discretionary spending include education funding, transportation infrastructure, and housing assistance programs. These expenditures are subject to annual appropriations by Congress, reflecting policy priorities and economic conditions.
No, 'discretionary' spending is that which you choose to make rather than have to make.
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
Discretionary spending
discretionary spending
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The government's discretionary spending budget is used to fund various programs and services that are not mandated by law, including defense, education, healthcare, transportation, and scientific research. This portion of the budget is determined annually through the appropriations process and reflects the government's policy priorities. Discretionary spending contrasts with mandatory spending, which includes programs like Social Security and Medicare that are required by existing laws.
national defense, foreign aid, education and transportation...(although I do not think its limited to just these categories...)
The federal budget consists of two main components: mandatory spending and discretionary spending. Mandatory spending includes expenditures required by law, such as Social Security, Medicare, and interest on the national debt. Discretionary spending, on the other hand, covers programs that must be authorized annually, such as defense, education, and transportation. The budget also outlines projected revenues, primarily from taxes, which fund these expenditures.
The largest category of discretionary spending in the U.S. federal budget is typically defense spending, encompassing funding for the military, national security, and related programs. Three additional examples of discretionary spending include education funding, transportation infrastructure, and housing assistance programs. These expenditures are subject to annual appropriations by Congress, reflecting policy priorities and economic conditions.
Spending reductions across the board (not just "discretionary" spending) and a balanced budget amendment to the Constitution.
No, food stamps are not considered discretionary spending; they fall under mandatory spending. Discretionary spending refers to the portion of the budget that is decided through the annual appropriations process, such as funding for education and defense. In contrast, mandatory spending includes programs like food stamps (SNAP), Social Security, and Medicare, which are required by law and do not require annual approval.
To ensure that you do not exceed your total consumption budget, you should add categories for savings and discretionary spending. Including a savings category helps prioritize setting aside funds for future needs or emergencies, while a discretionary spending category allows for flexibility in spending on non-essential items. This approach helps maintain balance and control over your overall budget.
No, 'discretionary' spending is that which you choose to make rather than have to make.