Discretionary Spending: The Federal Government Process

Words: 793
Pages: 4
Open Document
Federal government process has been a topic of importance, especially since the threat of recession over the past several years. The process begins with a budget request from the president in reference to the fiscal year. Once the request is in a budget committee draws up a budget resolution that focuses on revenue and spending. However, like everything else, the resolution must be put to vote. If and when the vote is unanimous then the discretionary spending is divided between the subcommittees. Though there is much debate about the government process, because each group believes that their proposal or idea is better. The budget is so important because it can fund programs for different agencies and it keeps the government running, …show more content…
It establishes the framework for the federal budget and to form an audit of government accounts” (www.lcweb2.loc.gov). When we look at government spending and the budget, you must look at discretionary and mandatory spending. These forms of spending make-up the U.S. government expenditures. Spending that is considered to be automatic is mandatory spending and spending that is designed to be used at a particular time is discretionary. Discretionary spending is less than the mandatory spending and this act monitored the fiscal condition of various agencies and has the power to approve or deny expenditures. The federal budget allows the expenditures to be more than revenue, whereas local must balance their budgets. The federal government can print money if they choose to, but it has to be a valid fiscal condition in order to print the money. However, when it comes to the local governments, it receives one-third of their funds from other governments and one-fourth from property taxes (Lee, Johnson and Joyce 2013, 43). Local budget process deals with the allocation to different programs and …show more content…
Expenditures are paying with cash for goods/service and the amount of money the government or particular agency may spend during a particular time. “According to the authors, the growth in spending for federal come from programs such as Social Security, Medicare and Medicaid” (Lee, Johnson and Joyce 2013) the priority of the local government and with all levels of government is to promote economic growth. One goal of the local government is to develop a stable fiscal budget and being able to allocate resources to various programs. Though when to come to the federal government prioritizing the military is at the top of their list. There has been wars happening since 1991, and the protection of the U.S. and their resources are very important. Wars can be very expensive and it can cost billions of dollars. However, we have seen in the news where there is money to be made when a war happens. There are contractors and different companies that make money supporting the war. The federal expenditure can fluctuate during wartime, but not by much due to war related activities. Education is another area of importance for both federal and local
Show More

Related Documents: Discretionary Spending: The Federal Government Process

Mandatory Spending Vs Government Budget

or Dictatorship has a budgeting or spending plan implemented to fund and run the government set up. This is true for the United States and United Kingdom where one is solely Democracy and the other is a Monarchy. These two super power countries generate revenue for spending yearly, but when taking a closer look at records it shows that each country spends a different amount in different aspects of their government. A budget is set up to forecast a Governments expenditures and revenues for a specific…

Words 1208 - Pages 5

Earmarks In The Early Republic

Earmarks are defined as a provision inserted into a discretionary government spending appropriations bill that directs funds to a specific recipient while circumventing the merit-based or competitive funds allocation process. During this research paper I will first discuss the history of earmarks in our early republic. I will then discuss the reforms that were made after numerous scandals and the subsequent moratorium put in place. I will then discuss the politics behind why the moratorium was…

Words 1613 - Pages 7

Increasing National Debts Essay

century, Americans people dug themselves into a big hole which is the National debt. National Debt is the total amount of money that United States treasury Department has borrowed and currently owes to the federal government creditors (Sylla). These creditors include state and foreign governments, corporations, Social Security, Medicare as well as the people of the country. According to Zfacts, current US national Debt is estimated to be $16.8 trillion and has been increasing at the rate of $3.86 billion…

Words 2960 - Pages 12

Essay on Should Sam Sex Marriage Be Legalized

ruled in 1974’s Cleveland Board of Education v. LaFleur "freedom of personal choice in matters of marriage and family life is one of the liberties protected by the Due Process Clause.” US District Judge Vaughn Walker wrote on Aug. 4, 2010 that Prop. 8 in California banning gay marriage was "unconstitutional under both the Due Process and Equal Protection Clauses." c. The 1967 Supreme Court case Loving v. Virginia confirmed that marriage is "one of the basic civil rights of man," and same-sex marriages…

Words 1191 - Pages 5

Monetary Policy and Federal Reserve Essay

GROSS DOMESTIC PRODUCT (GDP): the total value of goods and services produced within a country MONETARY SPENDING KEYNESIANS: followers of the economic theories of John Maynard Keynes, who argued that the government can stimulate the economy by increasing public spending or by cutting taxes After WWII, Keynesian ideas guided economic policy making across the industrialized world. Uses spending and tax policy to promote growth and low unemployment, dominated economic policy during the ‘60s and the…

Words 2321 - Pages 10

Role Of Business In Business

services at the lowest prices. The United States is also representative of a mixed economy, where departments of the government owns enterprises like schools, museums, libraries and the military to name a few. Believe it or not nonprofit organizations make up more than twenty percent of the economic activity in our country. Businesses contribute large sums of money to government through taxation, which allows it to properly function and run these large enterprises. Needless to say, a healthy economy…

Words 1561 - Pages 7

Essay about Us National Debt

total amount of money the United States Treasury Department has borrowed and currently owes to the federal government's creditors (Sylla). These creditors are mostly comprised of the public, including individuals, corporations, as well as state, local and foreign governments. They also consist of various government trust funds, such as Social Security and Medicare. Additionally, they include the Federal Reserve, mostly in the form of treasury bonds, bills and notes. Currently, the U.S. national debt…

Words 3927 - Pages 16

Program Evaluation

Introduction As far back as the end of World War II, the field of public administration has had significant importance to American society. A key interest in public administration rests within the organization, efficiency and effectiveness of government programs and the development of public policies. Achieving efficiency and effectiveness requires public administrators to be skilled in a variety of areas. Chiefly among these skills are critical thinking, problem solving, the ability to effectively…

Words 828 - Pages 4

Questions On Economics

1. By lowering the Federal Funds Rate the Fed is pumping more money into the economy to force stabilization. The Fed lowers the interest rate at which the banks trade balances. The banks, then have more money to loan out at a lower interest rate. So in theory, there will be more loans given and consumers will spend those loans, pushing money into the economy and lifting us out of the recession. However, this is all theory and did not happen in the magnitude they thought it was going to. In…

Words 1377 - Pages 6

Essay on Chapter 11 Notes

DeVito (1982) Facts: Thomas Vanda was convicted of aggravated battery with a knife, and was diagnosed as a “schizophrenic in remission”. A year later Vanda murdered a young woman with a knife, and was found not guilty by reason of insanity. After spending five years in a mental health center, Vanda was released and soon after murdered Miss Bowers. Question: Did the public mental health officials have a duty to protect those murdered by Vanda after his release? Conclusion: No. According to section…

Words 1412 - Pages 6