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lina2011 [118]
3 years ago
9

What spending category claimed the largest share of federal outlays during the 1960s? How about during the most recent decade?

Business
1 answer:
attashe74 [19]3 years ago
4 0

The question is incomplete, below is the complete question.

Summarize how Federal spending priorities has changed since the 1960s.

(Changing budget priorities) What spending category claimed the largest share of federal outlays during the 1960s? How about during the most recent decade?

Answer:

A) Addressing on a national defence,largest share of federal outlays was claimed during the 1960s.

So to say,during the said 1960s, what contributed between 40 to 50 percent of federal outlays is spending on national defence.

B) Following the coming decade, that is during the most recent decade, Federal government having moved it's focus of spending from national defense to income redistribution. Some programs like Medicare,social security as well as other welfare related programs now account for federal spending.

Recently in this decade,just Medicare accounts for up to 30 percent of the federal outlays and when combined with welfare spending,up to 50% percent big outlays is visibly seen for these programs.

Moreover, spending on national defense has always been fixed in recent decades at about 18%.

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