Knowledge

Discretionary spending

Source 📝

560: 46: 597: 434: 585:, over the next decade, mandatory spending is projected to reach 14% of GDP, while discretionary spending is projected to continue getting smaller, eventually reaching 5% of GDP. The Congressional Research Service projected that by 2022, discretionary spending's share of the economy would be "equal to or less than spending in each of the two largest categories of mandatory programs, 613: 568:
as well as transportation ($ 91 billion), veterans' benefits and services ($ 68 billion), income security ($ 66 billion), health ($ 57 billion), administration of justice ($ 53 billion), international affairs ($ 52 billion), and other areas related to natural resources, the environment, science, space, and technology ($ 122 billion).
556:, the level of discretionary spending remains constrained by the budget resolution. Eventually, these twelve bills must be approved by the full Appropriations Committee, followed by both Houses of Congress. Once passed, the president either signs them, vetoes them, or allows them to become law by not signing them within ten days. 576:
In 1962, U.S. discretionary spending made up 47.2% of total U.S. spending, remaining the largest component of federal spending until the mid-1970s. From this time forward, however, discretionary spending levels as a share of total federal spending has decreased significantly. This is largely due to
567:
In 2016, the U.S. federal government spent $ 1.2 trillion on U.S. discretionary spending. Of this $ 1.2 trillion, nearly half ($ 584 billion) was spent on national defense. The rest of U.S. discretionary spending was allocated for education, training, employment, and social services ($ 92 billion),
551:
divide the agreed-upon amount of discretionary spending into twelve suballocations for each of their twelve subcommittees. These subcommittees produce twelve annual appropriation bills for the next fiscal year. While these bills are subject to revision as they move through hearings, markups, Floor
581:. As more participants become eligible for entitlement programs, mandatory spending automatically increases. This trend is projected to continue in the future. In fact, according to the 563:
Graph of U.S. mandatory and discretionary spending from 1966 to 2015. Mandatory spending levels start to diverge from discretionary spending levels in the early 1990s.
553: 548: 544: 527:
In the United States, discretionary spending refers to optional spending set by appropriation levels each year, at the discretion of Congress. During the
463: 503:
for which funding is mandatory and determined by the number of eligible recipients. Some examples of areas funded by discretionary spending are
742: 710: 631: 492: 559: 652: 814: 586: 582: 842: 618: 873: 456: 596: 151: 449: 45: 540: 488: 343: 208: 171: 62: 433: 669: 578: 368: 338: 292: 230: 166: 738: 706: 532: 504: 414: 322: 270: 127: 82: 77: 702: 536: 287: 277: 176: 156: 132: 681: 419: 396: 391: 386: 353: 317: 215: 196: 139: 102: 67: 626: 528: 516: 500: 480: 312: 252: 240: 37: 867: 496: 477: 297: 247: 225: 220: 203: 144: 120: 97: 87: 72: 55: 437: 257: 235: 161: 92: 696: 17: 590: 358: 608: 307: 282: 183: 107: 512: 612: 761: 786: 543:
and tax policy. After setting discretionary spending levels, both the
302: 600:
Comparison of U.S. discretionary spending on defense and nondefense.
661: 508: 660:. Vol. Analytical Perspectives. p. 137 – via 577:
the rapid growth of entitlement spending, also known as
737:. New York, NY, USA: Worth Publishers. p. 97. 572:United States mandatory vs. discretionary spending 535:which includes levels of discretionary spending, 787:"Discretionary Spending in 2016: An Infographic" 654:FY 2013 Budget of the United States Government 457: 8: 539:projections, and instructions for changing 464: 450: 44: 33: 595: 558: 643: 495:. This spending is an optional part of 36: 677: 667: 7: 837: 835: 809: 807: 756: 754: 728: 726: 724: 722: 523:United States discretionary spending 698:Dictionary Of Public Administration 632:Appropriations bill (United States) 815:"Trends in Discretionary Spending" 323:Trade / commerce ministry 25: 735:Public Finance and Public Policy 611: 432: 843:"Mandatory Spending Since 1962" 762:"The Budget | Budget.House.Gov" 549:Senate Appropriations Committee 583:Congressional Research Service 545:House Appropriations Committee 1: 619:Business and economics portal 701:. Sarup & Sons. p.  791:Congressional Budget Office 29:Type of government spending 890: 152:Deficit / surplus 847:congressionalresearch.com 819:congressionalresearch.com 733:Gruber, Jonathan (2016). 253:Monetary (currency) union 491:implemented through an 601: 564: 485:discretionary spending 364:Discretionary spending 695:Mandal, U.C. (2007). 599: 591:Major Health Programs 562: 541:entitlement programs 531:, Congress issues a 874:Government spending 651:"Budget Concepts". 552:consideration, and 493:appropriations bill 489:government spending 602: 579:mandatory spending 565: 369:Mandatory spending 293:Non-tariff barrier 231:Monetary authority 18:Discretionary fund 744:978-1-4641-4333-5 712:978-81-7625-784-8 662:National Archives 533:budget resolution 499:, in contrast to 474: 473: 415:Fiscal adjustment 16:(Redirected from 881: 858: 857: 855: 853: 839: 830: 829: 827: 825: 811: 802: 801: 799: 797: 783: 777: 776: 774: 772: 766:Budget.House.Gov 758: 749: 748: 730: 717: 716: 692: 686: 685: 679: 675: 673: 665: 659: 648: 621: 616: 615: 505:national defense 466: 459: 452: 436: 288:Gains from trade 278:Balance of trade 157:Finance ministry 48: 34: 21: 889: 888: 884: 883: 882: 880: 879: 878: 864: 863: 862: 861: 851: 849: 841: 840: 833: 823: 821: 813: 812: 805: 795: 793: 785: 784: 780: 770: 768: 760: 759: 752: 745: 732: 731: 720: 713: 694: 693: 689: 676: 666: 657: 650: 649: 645: 640: 617: 610: 607: 587:Social Security 574: 525: 501:social programs 470: 425: 424: 420:Monetary reform 410: 402: 401: 397:Price stability 392:Economic growth 387:Balanced budget 382: 374: 373: 354:Non-tax revenue 349: 348: 328: 327: 318:Trade diversion 273: 263: 262: 216:Discount window 199: 197:Monetary policy 189: 188: 123: 113: 112: 58: 30: 23: 22: 15: 12: 11: 5: 887: 885: 877: 876: 866: 865: 860: 859: 831: 803: 778: 750: 743: 718: 711: 687: 642: 641: 639: 636: 635: 634: 629: 627:Budget process 623: 622: 606: 603: 573: 570: 529:budget process 524: 521: 517:transportation 481:public finance 472: 471: 469: 468: 461: 454: 446: 443: 442: 441: 440: 427: 426: 423: 422: 417: 411: 408: 407: 404: 403: 400: 399: 394: 389: 383: 380: 379: 376: 375: 372: 371: 366: 361: 356: 350: 347: 346: 341: 335: 334: 333: 330: 329: 326: 325: 320: 315: 313:Trade creation 310: 305: 300: 295: 290: 285: 280: 274: 269: 268: 265: 264: 261: 260: 255: 250: 245: 244: 243: 241:currency board 238: 228: 223: 218: 213: 212: 211: 200: 195: 194: 191: 190: 187: 186: 181: 180: 179: 169: 164: 159: 154: 149: 148: 147: 137: 136: 135: 124: 119: 118: 115: 114: 111: 110: 105: 100: 95: 90: 85: 80: 75: 70: 65: 59: 54: 53: 50: 49: 41: 40: 38:Public finance 28: 24: 14: 13: 10: 9: 6: 4: 3: 2: 886: 875: 872: 871: 869: 848: 844: 838: 836: 832: 820: 816: 810: 808: 804: 792: 788: 782: 779: 767: 763: 757: 755: 751: 746: 740: 736: 729: 727: 725: 723: 719: 714: 708: 704: 700: 699: 691: 688: 683: 671: 663: 656: 655: 647: 644: 637: 633: 630: 628: 625: 624: 620: 614: 609: 604: 598: 594: 592: 588: 584: 580: 571: 569: 561: 557: 555: 550: 546: 542: 538: 534: 530: 522: 520: 518: 514: 510: 506: 502: 498: 497:fiscal policy 494: 490: 486: 482: 479: 467: 462: 460: 455: 453: 448: 447: 445: 444: 439: 435: 431: 430: 429: 428: 421: 418: 416: 413: 412: 406: 405: 398: 395: 393: 390: 388: 385: 384: 378: 377: 370: 367: 365: 362: 360: 357: 355: 352: 351: 345: 342: 340: 337: 336: 332: 331: 324: 321: 319: 316: 314: 311: 309: 306: 304: 301: 299: 298:Protectionism 296: 294: 291: 289: 286: 284: 281: 279: 276: 275: 272: 267: 266: 259: 256: 254: 251: 249: 248:Monetary base 246: 242: 239: 237: 234: 233: 232: 229: 227: 226:Interest rate 224: 222: 221:Gold reserves 219: 217: 214: 210: 207: 206: 205: 204:Bank reserves 202: 201: 198: 193: 192: 185: 182: 178: 175: 174: 173: 170: 168: 165: 163: 160: 158: 155: 153: 150: 146: 143: 142: 141: 138: 134: 131: 130: 129: 126: 125: 122: 121:Fiscal policy 117: 116: 109: 106: 104: 101: 99: 96: 94: 91: 89: 86: 84: 81: 79: 76: 74: 71: 69: 66: 64: 61: 60: 57: 52: 51: 47: 43: 42: 39: 35: 32: 27: 19: 850:. Retrieved 846: 822:. Retrieved 818: 794:. Retrieved 790: 781: 769:. Retrieved 765: 734: 697: 690: 653: 646: 575: 566: 526: 484: 475: 363: 271:Trade policy 258:Money supply 236:central bank 209:requirements 162:Fiscal union 63:Agricultural 31: 26: 678:|work= 509:foreign aid 359:Tax revenue 638:References 554:conference 308:Trade bloc 283:Free trade 108:Policy mix 83:Investment 78:Industrial 852:April 29, 824:April 29, 796:April 29, 771:April 24, 680:ignored ( 670:cite book 513:education 868:Category 605:See also 478:American 344:Spending 172:Spending 145:internal 103:Monetary 68:Economic 56:Policies 537:deficit 381:Optimum 339:Revenue 177:deficit 167:Revenue 741:  709:  438:Portal 409:Reform 303:Tariff 133:policy 128:Budget 98:Fiscal 88:Social 73:Energy 658:(PDF) 93:Trade 854:2017 826:2017 798:2017 773:2017 739:ISBN 707:ISBN 682:help 589:and 547:and 515:and 140:Debt 703:140 593:." 487:is 476:In 184:Tax 870:: 845:. 834:^ 817:. 806:^ 789:. 764:. 753:^ 721:^ 705:. 674:: 672:}} 668:{{ 519:. 511:, 507:, 483:, 856:. 828:. 800:. 775:. 747:. 715:. 684:) 664:. 465:e 458:t 451:v 20:)

Index

Discretionary fund
Public finance
Detail from the mural "Government" by Elihu Vedder in the Library of Congress
Policies
Agricultural
Economic
Energy
Industrial
Investment
Social
Trade
Fiscal
Monetary
Policy mix
Fiscal policy
Budget
policy
Debt
internal
Deficit / surplus
Finance ministry
Fiscal union
Revenue
Spending
deficit
Tax
Monetary policy
Bank reserves
requirements
Discount window

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.