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What can discretionary funds be used to pay?
Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.
How is mandatory and discretionary spending similar?
Mandatory spending - Spending that the Government must spend. Discretionary spending - Spending category through which governments can spend through an appropriations act.
What can discretionary funds be used to pay for?
Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.
What is the largest category of discretionary spending identify three additional examples of discretionary spending?
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.
Is food stamps is an example of discretionary spending?
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.
What is the governments discretionary spending budget used to pay?
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.
What is earmarks in Political terms?
An earmark in public finance is a provision inserted into a discretionary government spending appropriations bill that directs funds to a specific recipient. This circumvents the merit-based or competitive funds allocation process. In the United States, the term earmark is used in relation to the congressional allocation process. Discretionary spending, which is set by the House and Senate Appropriations Committees and their various subcommittees, usually through appropriation acts, is an optional part of fiscal policy which differs from mandatory spending for entitlement programs in the federal budget. (Adapted from Wikipedia.)
What are some Examples of discretionary spending in government?
"Discretionary spending is what the President and the Congress decide to spend through annual appropriations bills. Examples include money for such activities as the FBI, the Coast Guard, housing and education, space exploration, highway construction, defense, and foreign aid." Refrence: http://www.whitehouse.gov/omb/rewrite/budget/fy2004/glossary.html
What category of appropriation can be used for non-military salaries?
Non-military salaries can be covered under the category of "discretionary spending" within appropriations. This category includes funds allocated for various government departments and agencies, allowing for the payment of civilian salaries. Additionally, appropriations for specific programs or initiatives may also encompass non-military personnel costs.
What are canceled appropriations?
Closed appropriations
What house committee has jurisdiction over spending?
House Appropriations Committee
How is discretionary income calculated?
Discretionary income is calculated by taking your gross income minus your expenses and what you are left with is discretionary income. Most Americans do not have a large amount of discretionary income.
