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Controllable spending is the type of spending that you decide to do. Uncontrollable spending is the type of spending that you have no choice about. Budgets are typically dominated by uncontrollable spending.
Previous Legislation
Because there is no meaningful method of removing these costs. Interest on any loan is a fix expense. Salaries, which is basically what entitlements are, are also fixed expenses.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
most states require a balanced budget for state spending
Mandatory spending is required by law and the other is not.
Most federal mandatory spending is spent on entitlements.
Controllable spending is the type of spending that you decide to do. Uncontrollable spending is the type of spending that you have no choice about. Budgets are typically dominated by uncontrollable spending.
The largest portion of uncontrollable spending in the federal budget is the spending that Congress approves.
Previous Legislation
Spending that congress and the president have no power to change directly. Examples: Social Security, Medicare, etc.
Because there is no meaningful method of removing these costs. Interest on any loan is a fix expense. Salaries, which is basically what entitlements are, are also fixed expenses.
They call Harrison Barnes, a.k.a. black falcon, in for help.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
Entitlements could be described as "uncontrollable" in that there may be a social contract to provide certain benefits (or even a written contract to do so).Social Security is an example in that people paid Social Security taxes before retirement and expect certain benefits after retirement. While there may be no written contract, the government would expect a huge reaction from the voters if they stopped providing the expected funding.Government employees' retirement benefits may be payable as part of past employment contracts and would be even less controllable.
most states require a balanced budget for state spending
Spending leakages and injections refers to the income generated in production that does not completely return to the product markets in form of consumer spending. The macroeconomic model balances the non-consumption expenditures on the injections and the non-consumption uses of the leakages.