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In American public finance, discretionary spending is government spending implemented through an appropriations bill. [1] This spending is an optional part of fiscal policy , in contrast to social programs for which funding is mandatory and determined by the number of eligible recipients. [ 2 ]
Transfer payments to (persons) as a percent of Federal revenue in the United States Transfer payments to (persons + business) in the United States. CBO projects that spending for Social Security, healthcare programs and interest costs will rise relative to GDP between 2017 and 2027, while defense and other discretionary spending will decline relative to GDP.
As the figure suggests, over 50% of discretionary spending is attributed to national defense. The remaining 48% of funds is divided among non-defense items such as transportation and education. Total discretionary spending approved for the fiscal year 2019 is $1,305 billion, just 28% of total spending. [11]
Discretionary spending on national security and social programs will account for $1.85 trillion next year. The CBO already has spending in these categories on a downward trajectory as discretionary spending would equal 5.3% of GDP, down from the half-century average of 7.9%.
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Discretionary spending is non-essential spending that isn't mandatory for your basic needs like shelter, food, healthcare, work and personal care. Many expenses are essential, but discretionary...
discretionary spending Continues funding for the U.S. military and domestic agencies such as the Department of Justice at current levels. Benefit programs, including Social Security, are not ...
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.