Question: Fiscal Administration 10th Edition Chapter 4, Question 1. Using the Historical Tables available at the budget tab of the website of the U.S. Office of

Fiscal Administration 10th Edition Chapter 4, Question 1. Using the Historical Tables available at the budget tab of the website of the U.S. Office of Management and Budget, prepare an analysis of the trends in the fol- lowing data: total federal outlays, total defense spending, and total mandatory spending. Do the analysis in both current and constant dollars. Provide your interpretation of what forces are driving the patterns that you observe.

The historical tables are located here: https://www.whitehouse.gov/omb/historical-tables/

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