Mandatory spending is required by law and the other is not.
Mandatory spending - Spending that the Government must spend. Discretionary spending - Spending category through which governments can spend through an appropriations act.
Most federal mandatory spending is spent on entitlements.
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
Mandatory funding is money that the government is required by law to spend on certain programs, such as entitlements like Social Security. Discretionary funding, on the other hand, is money that the government can choose how to allocate, such as for defense or education. Mandatory funding can limit flexibility in budgeting, as it must be spent as mandated by law, while discretionary funding allows for more flexibility in decision-making. The mix of mandatory and discretionary funding can impact government budgeting priorities and overall spending decisions.
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Federal spending by the government, is divided into three different categories. They are mandatory spending, discretionary spending and net interest. The fastest growing of those categories since 1980 is mandatory spending.
The federal budget consists of two main components: mandatory spending and discretionary spending. Mandatory spending includes expenditures required by law, such as Social Security, Medicare, and interest on the national debt. Discretionary spending, on the other hand, covers programs that must be authorized annually, such as defense, education, and transportation. The budget also outlines projected revenues, primarily from taxes, which fund these expenditures.
Mandatory funding is set by laws and must be spent on specific programs, like Social Security. Discretionary funding is decided by Congress each year and can be adjusted. Mandatory funding limits flexibility in budgeting, while discretionary funding allows for more control over spending priorities.
No, 'discretionary' spending is that which you choose to make rather than have to make.
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
The portion of discretionary spending typically spent on defense varies. If a country is at war, the discretionary spending percentage will be higher for defense.
The U.S. federal budget is primarily divided into three main categories: mandatory spending, discretionary spending, and interest on debt. Mandatory spending, which includes programs like Social Security, Medicare, and Medicaid, constitutes the largest portion and is required by law. Discretionary spending, which covers areas such as defense, education, and transportation, is determined by annual appropriations. Interest on debt represents the cost of servicing the national debt and is also a significant budget component.