Mandatory Spending is Hard to Contain In Fiscal 2018, mandatory spending-mainly on the big three entitlement programs, S

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Mandatory Spending Is Hard To Contain In Fiscal 2018 Mandatory Spending Mainly On The Big Three Entitlement Programs S 1 (56.03 KiB) Viewed 45 times

Mandatory Spending is Hard to Contain In Fiscal 2018, mandatory spending-mainly on the big three entitlement programs, Social Security, Medicare, and Medicaid-was $2.5 trillion. This expenditure is projected to rise by 56 percent to $3.9 trillion by 2027. Over that same period, discretionary expenditure, mainly national defense, is projected to be held steady at $1.2 trillion. Source: Budget of the United States Government, Fiscal 2018 Answer the following questions: • If politicians continue to avoid legislating changes that lower the projected increases in the three big entitlement programs, how do you think the fiscal imbalance will change? • If Congress introduced changes that slowed the growth of expenditure on the three entitlement programs, who would benefit and who would pay?. It will increase; Future generation would benefit and the current generation would pay It will increase: Current generation would benefit and the future generation would pay. O It will decrease; Future generation would benefit and the current generation would pay OIt will decrease; Current generation would benefit and the future generation would pay