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4 years ago

Five ways that you or your family directly benefit from federal government expenditures

Social Studies

1 answer:

Drupady [299]4 years ago

8 0

Answer:

1. Health Care.

2. Defense.

3. Interest Payments.

4. Social Security.

5. Medicare.

Explanation:

1 ) Health Care: There are no costs to escape from health care. And interestingly enough, just as much of the tax bill goes to the services of health care as it does to the military. Medicaid, the government's health insurance program for the poor, is supported by about 45%. The rest fund things such as the Children's Health Insurance Program and programs for consumer health.

2 ) Defense: Spending on the military and national defense consumes 15% of the national budget. It's important to note, too, that this doesn't count spending on veterans benefits. Our defense spending has increased since 2000. Although spending took a downturn under President Barack Obama, President Donald Trump has signaled he wants to boost it significantly in coming years.

3 ) Interest Payments: This is simply the cost of maintaining our national debt that we end up paying. National debt is always a topic for discussion, and it has risen dramatically with the volatile times over the past few decades.

4 ) Social Security: Social Security investment was, by a long shot, the federal government's single biggest expense. Government spending on social security is consuming about a quarter of the entire federal budget, according to Pew Research.

5 ) Medicare: Medicare eats up a significant portion of the federal budget at 15%. This is one of those health care-related expenditures expected to continue ballooning in coming years— and one that will require some type of reform to fix. Medicare is, of course, incredibly important for a huge portion of the American population, so it's not as easy as making draconian cuts.

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1 year ago

Which sentence best compares Lewis and Clark's expedition with Zebulon Pike's expedition?

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4 years ago

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Answer:

Explanation:

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3 years ago

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3 years ago

Five ways that you or your family directly benefit from federal government expenditures​

Five ways that you or your family directly benefit from federal government expenditures