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Federal Government Spending

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Presentation on theme: "Federal Government Spending"— Presentation transcript:

1 Federal Government Spending
Unit 14.3

2 Federal Expenditures Mandatory Spending Discretionary Spending
Entitlements Social Security Medicare Medicaid Other Social Welfare (Food Stamps) Discretionary Spending Military Budget Roads/transportation Parks Education Research Foreign Affairs and Aid

3 Federal Budget and Spending
Fiscal Year Appropriations OMB (Office of Management and Budget) CBO (Congressional Budget Office) Direct Spending Transfer Payments No goods or services exchanged (Social Security)

4

5 Impacts of Federal Spending
Resource Allocation Income Redistribution Competition with the Private Sector Veterans Hospital Public Transportation Cable Services?

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