Non-defense discretionary spending includes a wide array of programs such as education, training, science, technology, housing, transportation, and foreign aid .
Which is an example of discretionary spending quizlet?
Discretionary spending is what the President and Congress must decide to spend for the next fiscal year through annual appropriations bills. Examples include money for such programs as the FBI , the Coast Guard, housing, education, space exploration, highway construction, defense, and foreign aid.
Which one of the following is an example of discretionary spending?
Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation .
Which is an example of discretionary?
The definition of discretionary is something that you use as desired or needed. When you have petty cash available to you to use, the money you spend is an example of discretionary spending. Left to or regulated by one’s own discretion or judgment.
What are the top 3 discretionary spending categories?
Discretionary Spending
The rest must pay for all other domestic programs. The largest of these programs are Health and Human Services, Education, and Housing and Urban Development .
What are 2 examples of discretionary spending?
Non-defense discretionary spending includes a wide array of programs such as education, training, science, technology, housing, transportation, and foreign aid .
What are discretionary items?
Discretionary spending refers to non-essential items , such as recreation and entertainment, that consumers purchase when they have enough income left over after paying the necessary expenses such as the mortgage and utilities.
What is discretionary funding?
Meaning of discretionary fund in English
an amount of money that is available to spend on things that are not considered necessary but that may be useful: Governors of some states are given discretionary funds to spend on small-scale projects.
What is the meaning of discretionary income?
Discretionary income is the amount of an individual’s income that is left for spending, investing, or saving after paying taxes and paying for personal necessities , such as food, shelter, and clothing. Discretionary income includes money spent on luxury items, vacations, and nonessential goods and services.
Is Medicaid discretionary spending?
The discretionary budget and taxes are the two main tools of discretionary fiscal policy. The discretionary budget does not include Social Security, Medicare, or Medicaid. These are part of the mandatory budget. These programs were authorized by previous Acts of Congress.
What is the simple meaning of discretionary?
1 : left to individual choice or judgment : exercised at one’s own discretion discretionary powers. 2 : available for discretionary use discretionary income.
What is discretionary purpose?
Broad definition
Travel for optional or discretionary purposes is broadly defined in the Orders as including (but not limited to) travel for the purposes of tourism, recreation and entertainment. Some examples of discretionary or optional travel are. to visit family for a vacation.
What are discretionary responsibilities?
“Discretionary responsibility is voluntary and guided by a company’s desire to make social contributions not mandated by economics , law, or ethics. Discretionary activities include philanthropic contributions that offer no direct financial payback to the company and are not expected.”
What is a discretionary purchase in healthcare?
Whether by cutting costs or increasing coverage, make some health coverage non-discretionary. ... The American system defines most health care spending as discretionary. Companies can choose whether to cover employees. Individuals have the power to make choices in the market.
What are examples of mandatory spending?
Outlays for the nation’s three largest entitlement programs (Social Security, Medicare, and Medicaid) and for many smaller programs ( unemployment compensation , retirement programs for federal employees, student loans, and deposit insurance, for example) are mandatory spending.
The United States federal budget consists of mandatory expenditures (which includes Medicare and Social Security), discretionary spending for defense , Cabinet departments (e.g., Justice Department) and agencies (e.g., Securities & Exchange Commission), and interest payments on debt.
