Government Spending

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Government Spending

The payment of money by a government for some service it offers. A major example of government spending is payment of salaries for military personnel. Because government spending is financed by some combination of taxes and public debt, the level and recipients of government spending are usually matters of some controversy.
References in periodicals archive ?
In 1964, Discretionary spending programs (those over which congressional appropriators make decisions, including national defense and other domestic programs) made up nearly 72 percent of federal spending while Mandatory spending (programs like Medicaid, Social Security, and other entitlements) made up the remaining 28 percent.
Contrary to the House plan, the Senate's version included only $17 billion in mandatory spending cuts.
The ACA includes nearly $4 billion in non-discretionary funding-appropriations for mandatory spending that were included in the ACA and thus exempted from the annual budget process-explicitly for fiscal year 2012, not including funding allocated across multiple years.
Messinger, who played a key role with NLC Immediate Past President Glenda Hood and others of NLC's leadership to successfully conclude a far-reaching agreement with the leadership of the National Conference of State Legislatures and the National Association of Counties on federal entitlement reform last year, introduced the workshop panel by explaining the joint consensus on a general statement of principles on federal entitlement and mandatory spending.
Discretionary expenditures refer to items that are above and beyond mandatory spending requirements.
Because the reserve fund language requires deficit neutrality, any legislation making HMTF spending mandatory would have to have been offset with new revenues or reductions in other mandatory spending.
We reached consensus on a general statement of principles on federal entitlement and mandatory spending which addresses both the impact of these programs on the federal deficit and on intergovernmental and intergenerational relations.
Additionally, most policymakers would agree that the outlook on the mandatory spending side of the budget is not positive.
House GOP leaders barely overcame an impasse with moderate Republicans to pass the almost $50 billion package of mandatory spending cuts by a vote of 217 to 215.
Congress passed a budget reconciliation package earlier in the year that instructed House and Senate committees to make mandatory spending cuts and increase revenues to the federal government.
5, the House adopted new rules reinstating the "pay-as-you-go" (pay-go) budget rule, which requires any increase in mandatory spending or tax cuts to have revenue offsets.
And in 2011, all federal revenues cover only mandatory spending and interest on the debt.

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