Below are Infographics from the Congressional Budget Office showing Mandatory Spending and Discretionary Spending for FY2022....
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Below are Infographics from the Congressional Budget Office showing Mandatory Spending and Discretionary Spending for FY2022. Examine the types of Mandatory and Discretionary Spending and their relative magnitudes. Pay attention to the variety of outlays and amount of spending on each. о The Federal Budget in Fiscal Year 2022: An Infographic | Congressional Budget Office (cbo.gov) Mandatory Spending in Fiscal Year 2022: An Infographic о Discretionary Spending in Fiscal Year 2022: An Infographic Mandatory Outlays Major Health Care Programs $1,442 $4.1 Trillion Billion Billion $747 Medicare $592 Medicald $103 Premium Tax Credits and Other $1,070 Old-Age and Survivors Insurance 1 $143 Disability Insurance Social Security $1,213 Income Security Programs $581 Student Loan Programs $482 Federal Civilian and Military Retirement Benefits $187 Certain Veterans' Programs $161 Other Programs - - $252 Earned Income, Child, and Other Tax Credits $149 Supplemental Nutrition Assistance Program $61 Supplemental Security Income $47 Family Support and Foster Care $39 Child Nutrition - $34 Unemployment Compensation - $116 Civillan $72 Military $345 Certain Offsetting Receipts -$277 Offsetting receipts are funds collected by government agencies from other government accounts or from the public that are credited as an offset to gross spending. Certain offsetting receipts Include Intragovernmental payments for federal employees' retirement benefits and receipts related to natural resources (such as those from oil and gas exploration and development. The effects of offsetting receipts related to Medicare are included in the total shown for Medicare outlays. a. After reviewing this data on Mandatory Spending, i. What is most surprising to you? ii. About What do you want to know more? What questions do you have? - - $140 Veterans' Income Security $21 Other $200 Certain Programs Enacted In Response to the Coronavirus Pandemic $145 Other Below are Infographics from the Congressional Budget Office showing Mandatory Spending and Discretionary Spending for FY2022. Examine the types of Mandatory and Discretionary Spending and their relative magnitudes. Pay attention to the variety of outlays and amount of spending on each. о The Federal Budget in Fiscal Year 2022: An Infographic | Congressional Budget Office (cbo.gov) Mandatory Spending in Fiscal Year 2022: An Infographic о Discretionary Spending in Fiscal Year 2022: An Infographic Mandatory Outlays Major Health Care Programs $1,442 $4.1 Trillion Billion Billion $747 Medicare $592 Medicald $103 Premium Tax Credits and Other $1,070 Old-Age and Survivors Insurance 1 $143 Disability Insurance Social Security $1,213 Income Security Programs $581 Student Loan Programs $482 Federal Civilian and Military Retirement Benefits $187 Certain Veterans' Programs $161 Other Programs - - $252 Earned Income, Child, and Other Tax Credits $149 Supplemental Nutrition Assistance Program $61 Supplemental Security Income $47 Family Support and Foster Care $39 Child Nutrition - $34 Unemployment Compensation - $116 Civillan $72 Military $345 Certain Offsetting Receipts -$277 Offsetting receipts are funds collected by government agencies from other government accounts or from the public that are credited as an offset to gross spending. Certain offsetting receipts Include Intragovernmental payments for federal employees' retirement benefits and receipts related to natural resources (such as those from oil and gas exploration and development. The effects of offsetting receipts related to Medicare are included in the total shown for Medicare outlays. a. After reviewing this data on Mandatory Spending, i. What is most surprising to you? ii. About What do you want to know more? What questions do you have? - - $140 Veterans' Income Security $21 Other $200 Certain Programs Enacted In Response to the Coronavirus Pandemic $145 Other
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After reviewing the data on Mandatory Spending for Fiscal Year 2022 from the Congressional Budget Office several aspects stand out i The significant p... View the full answer
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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