Fiscal Policy Spending

The policy towards taxing and spending.

• mandatory

• monetary

• fiscal

• budget

Money spent on specific government projects or programs.

• Specific spending

• Appropriations

• Expenditures

• Savings

Money earned by the government such as taxes

• Fiscal

• Expenditures

• Revenue

• Budget

Government spending that has to happen each year such as social security.

• Mandatory

• Fiscal

• Questionable

• Discretionary

Government spending that can be negotiated each budget year by Congress.

• Discretionary spending

• FICA

• Fiscal spending

• Mandatory spending

Federal government decisions on spending and taxation are made by?

• The Federal Reserve

• Supreme Court

• Congress and the President

• The President and state governors

Programs that are included under Mandatory spending such as Social Security and Medicare.

• Fiscal policy

• Entitlements

• Expenditures

• Appropriations

When government income is greater than spending.

• Deficit

• Surplus

• Fiscal

• Debt

After Mandatory and Discretionary spending the next major part of our budget is

• Public Health Care

• Government employers

• Foreign Aid

• Interest on debt

The Federal government sells these in order to borrow money to help pay for the budget?

• Tariffs

• Entitlements

• Taxes

• Bonds