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hey lime - it's only "mandatory" because we let it be so
Posted on: November 2, 2017 at 13:51:53 CT
90Tiger STL
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there isn't anything in the US budget that law can't change.
Ponder this:
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.[6] From this time forward, however, discretionary spending levels as a share of total federal spending has decreased significantly. This is largely due to the rapid growth of entitlement spending, also known as mandatory spending.[6] 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 Congressional Research Service, 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.[7] By 2022, the Congressional Research Service projects that discretionary spending's share of the economy "will be equal to or less than spending in each of the two largest categories of mandatory programs, Social Security and Major Health Programs."[7]
Keep crying about your discretionary spending concerns while dismissing "mandatory" spending as if it's some magical construct.
Ponder this:
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.[6] From this time forward, however, discretionary spending levels as a share of total federal spending has decreased significantly. This is largely due to the rapid growth of entitlement spending, also known as mandatory spending.[6] 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 Congressional Research Service, 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.[7] By 2022, the Congressional Research Service projects that discretionary spending's share of the economy "will be equal to or less than spending in each of the two largest categories of mandatory programs, Social Security and Major Health Programs."[7]
Keep crying about your discretionary spending concerns while dismissing "mandatory" spending as if it's some magical construct.
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hey lime - it's only "mandatory" because we let it be so - 90Tiger MU - 11/2 13:51:53