Question

Social Security is considered to be mandatory spending by the government.

Question 38 options:
True
False

Answer 1

The statement, "Social Security is considered to be mandatory spending by the government" is true.

Step-by-step explanation:

The United States government spending plan is separated into three classifications: obligatory spending, optional spending, and enthusiasm on obligation. Otherwise called qualification spending, in US financial strategy, obligatory spending is government spending on specific programs that are ordered by law.

Congress built up obligatory projects under approval laws. Congress enacts spending for required projects outside of the yearly allocations charge process. Congress can just lessen the subsidising for programs by changing the approval law itself.

This requires a 60-vote dominant part in the Senate to pass. Optional spending then again won't happen except if Congress acts every year to give the subsidising through an appointments bill.

Compulsory spending has taken up a bigger portion of the government spending plan after some time. In financial year 1965, compulsory spending represented 5.7 percent of total national output (GDP). In FY 2016, obligatory spending represented around 60 percent of the government spending plan and more than 13 percent of GDP. Required spending got $2.4 trillion of the complete $3.9 trillion of government spending in 2016.

Answer 2

True

Step-by-step explanation:

Medicare and medicaid are included into the national budget and is a mandatory spending of the government. The important distinction to this social security programs is not all of the population is eligible for using this programs.