Government spending on certain programs that are required by law
Public finance
Policies
Agricultural
Economic
Energy
Industrial
Investment
Social
Trade
Fiscal
Monetary
Policy mix
Fiscal policy
Budget
policy
Debt
internal
Deficit / surplus
Finance ministry
Fiscal union
Revenue
Spending
deficit
Tax
Monetary policy
Bank reserves
requirements
Discount window
Gold reserves
Interest rate
Monetary authority
central bank
currency board
Monetary base
Monetary (currency) union
Money supply
Trade policy
Balance of trade
Free trade
Gains from trade
Non-tariff barrier
Protectionism
Tariff
Trade bloc
Trade creation
Trade diversion
Trade / commerce ministry
Revenue
Spending
Non-tax revenue
Tax revenue
Discretionary spending
Mandatory spending
Optimum
Balanced budget
Economic growth
Price stability
Reform
Fiscal adjustment
Monetary reform
Portal
v
t
e
The United States federal budget is divided into three categories: mandatory spending, discretionary spending, and interest on debt. Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are required by law.[1] Congress established mandatory programs under authorization laws. Congress legislates spending for mandatory programs outside of the annual appropriations bill process. Congress can only reduce the funding for programs by changing the authorization law itself. This normally requires a 60-vote majority in the Senate to pass. Discretionary spending on the other hand will not occur unless Congress acts each year to provide the funding through an appropriations bill.
Mandatory spending has taken up a larger share of the federal budget over time.[2] In fiscal year (FY) 1965, mandatory spending accounted for 5.7 percent of gross domestic product (GDP).[3] In FY 2016, mandatory spending accounted for about 60 percent of the federal budget and over 13 percent of GDP.[4] Mandatory spending received $2.4 trillion of the total $3.9 trillion of federal spending in 2016.[4]
^O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey: Pearson Prentice Hall. pp. 371. ISBN 0-13-063085-3.
^Cite error: The named reference levit was invoked but never defined (see the help page).
^Boccia, Romina. "Federal Spending by the Numbers, 2014: Tables and Key Points" (PDF). The Heritage Foundation. Retrieved 1 March 2018.
^ abAngres, Leigh; Costantino, Maureen. "The Federal Budget in 2016: A Closer Look at Mandatory Spending" (PDF). Congressional Budget Office. Retrieved 1 March 2018.
and 27 Related for: Mandatory spending information
categories: mandatoryspending, discretionary spending, and interest on debt. Also known as entitlement spending, in US fiscal policy, mandatoryspending is government...
defense. Around two thirds of federal spending is for "mandatory" programs. CBO projects that mandatory program spending and interest costs will rise relative...
public finance, discretionary spending is government spending implemented through an appropriations bill. This spending is an optional part of fiscal...
Government spending in the United States is the spending of the federal government of the United States and the spending of its state and local governments...
Budget Control Act of 2011, a set of automatic spending cuts to United States federal government spending in particular of outlays were initially set to...
appropriations bills after they have passed. Direct spending, also known as mandatoryspending, refers to spending enacted by law, but not dependent on an annual...
39 billion ($705,390,000,000). Mandatoryspending of $10.77 billion, the Department of Energy and defense-related spending of $37.335 billion added up to...
process. Around two thirds of federal spending is for "mandatory" programs. CBO projects that mandatory program spending and interest costs will rise relative...
Sovereign wealth fund Mandatoryspending Taxpayers unions Eurostat Government spending in the United Kingdom Government spending in the United States List...
Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit...
Contingency Operations + Emergency Funds) in discretionary spending and $8,992,000,000 in mandatoryspending totaling $695,066,000,000 Undersecretary of Defense...
government spends its money in four major ways: direct payments, grants, contracts and insurance. Taxpayers may violate the law by not paying their mandatory taxes...
federal budget includes mandatoryspending, discretionary spending, and interest on debt. In the United States in 2017, mandatoryspending totaled $2.5 trillion...
its actual spending figures. The last reliable data we have from Russia goes back to 2021 which showed nearly 50 trillion Rubles in spending. In 2023 the...
points per year. Over that period, the growth of interest costs and mandatoryspending outpaces the growth of revenues and the economy, driving up debt....
remained unchanged. Over that period, the growth of interest costs and mandatoryspending outpaces the growth of revenues and the economy, driving up debt....
non-inflationary public expenditure. Government revenue as well as government spending are components of the government budget and important tools of the government's...
classified as discretionary spending, and make up around 22% of federal expenditures. The remainder is classified as mandatoryspending, which includes programs...
in spending by the United States federal government according to the Congressional Budget Office and several independent sources. Extreme spending reductions...
This is a list of countries by spending on social welfare. Countries with the highest levels of spending are more likely to be considered welfare states...
classified as discretionary spending, and make up around 22% of federal expenditures. The remainder is classified as mandatoryspending, which includes programs...