oes not require congressional or presidential action once the programs are established. ach item, indicate whether it is an example of discretionary or mandatory spending.

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter17: Taxation And Resource Allocation
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Discretionary spending is spending that must appropriated by Congress each fiscal year. Mandatory spending is spending
that does not require congressional or presidential action once the programs are established.
For each item, indicate whether it is an example of discretionary or mandatory spending.
Discretionary
Defense spending
Spending on national parks
Funding of the FBI
Mandatory
Social Security
Medicare
O
Transcribed Image Text:Discretionary spending is spending that must appropriated by Congress each fiscal year. Mandatory spending is spending that does not require congressional or presidential action once the programs are established. For each item, indicate whether it is an example of discretionary or mandatory spending. Discretionary Defense spending Spending on national parks Funding of the FBI Mandatory Social Security Medicare O
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