The United States government spends an enormous amount of money. Where exactly does the U.S. government spend all that money on? There are three levels of government, federal, state, and local. As of today 2016, the amount of the three levels of government spending is estimated to be around $6.6 trillion. Federal spending is estimated to be $3.95 trillion, state spending is around $1.62 trillion, and local spending is around $1.82 trillion.
Federal spending is divided into three categories by the U.S. Treasury: mandatory spending, discretionary spending and net interest. Mandatory spending is a budgeted amount of money that is set aside for specific programs that are required by the law. Mandatory spending is composed of budget outlays and …show more content…
Discretionary spending is a part of the budget that the president requests and congress appropriates every year and it only represents less than one third of the federal budget as a whole. Congress has the power to increase the budget or even decrease it to zero. The only reason that congress can do this is because the constitution gave the power to gain/collect or spend money for the federal government. The Constitution did not give that power to the president, the president’s budget is only recommendations and priorities. It is estimated that the discretionary budget is around $1.233 trillion for 2017. Discretionary spending funds education, veterans benefits, health,international affairs, natural resources/environment, general science, space, and many other programs. Discretionary spending is blamed for Deficit spending. Deficit spending is when purchases exceed income. Deficit spending has created more than a $18 trillion debt for the …show more content…
Neighborhood level is required to calculate the amount of schools that are needed in each city. Local government is also in charge of funding transportation and economic development. The data they obtain helps them fund child care for low-income adults can be able to work or obtain education. It helps fund health care for children and infants, and also funds local agencies that provide food. Although federal and state government have more responsibility than local government when it comes to funding services for senior citizen, local government has the responsibility of collecting data on the number of people eligible for Social Security and Medicare. Local government is also required to determine the number and location of hospitals, health service centers, and retirement homes. It’s also required for transportation to be available for all locations in all neighborhoods of states.
In the subject of rural areas the information obtained by local government helps the state governments determine whether they need to plan tunnels, bridges, and roads. All of this data obtained by local government helps them by planning for future economic developments by determining the amount of goods and services they might need the following
Federal spending is divided into three categories by the U.S. Treasury: mandatory spending, discretionary spending and net interest. Mandatory spending is a budgeted amount of money that is set aside for specific programs that are required by the law. Mandatory spending is composed of budget outlays and …show more content…
Discretionary spending is a part of the budget that the president requests and congress appropriates every year and it only represents less than one third of the federal budget as a whole. Congress has the power to increase the budget or even decrease it to zero. The only reason that congress can do this is because the constitution gave the power to gain/collect or spend money for the federal government. The Constitution did not give that power to the president, the president’s budget is only recommendations and priorities. It is estimated that the discretionary budget is around $1.233 trillion for 2017. Discretionary spending funds education, veterans benefits, health,international affairs, natural resources/environment, general science, space, and many other programs. Discretionary spending is blamed for Deficit spending. Deficit spending is when purchases exceed income. Deficit spending has created more than a $18 trillion debt for the …show more content…
Neighborhood level is required to calculate the amount of schools that are needed in each city. Local government is also in charge of funding transportation and economic development. The data they obtain helps them fund child care for low-income adults can be able to work or obtain education. It helps fund health care for children and infants, and also funds local agencies that provide food. Although federal and state government have more responsibility than local government when it comes to funding services for senior citizen, local government has the responsibility of collecting data on the number of people eligible for Social Security and Medicare. Local government is also required to determine the number and location of hospitals, health service centers, and retirement homes. It’s also required for transportation to be available for all locations in all neighborhoods of states.
In the subject of rural areas the information obtained by local government helps the state governments determine whether they need to plan tunnels, bridges, and roads. All of this data obtained by local government helps them by planning for future economic developments by determining the amount of goods and services they might need the following