chapter 14 section 3: federal...
TRANSCRIPT
Objectives: o We will examine the difference
between mandatory and discretionary spending.
o We will examine major entitlement programs.
o We will examine the relationship of aid between the Federal and State governments.
• “For for this cause pay ye tribute also: for they are God's ministers, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.” Romans 13:6-7
SPENDING
o Mandatory Spending: refers to money that Congress is mandated or required by existing law to spend on certain programs or to use for interest payments on the national debt.
o Discretionary Payments: Is spending which lawmakers are free to make choices.
SPENDING
o Entitlement Programs are social welfare programs that people are entitled to benefit from if they meet certain eligibility requirements, such as being at a particular income level or age.
o The Federal Government guarantees assistance for all those who qualify.
Entitlement programs include:
o Social Security: For retirement
o Medicare” For Seniors.
o Medicade: For low-income families, people with disabilities, and elderly in nursing homes.
o Discretionary Spending: spending on defense accounts for half of the discretionary spending.
SPENDING o The remaining funds available for
discretionary spending are divided among a wide variety of programs.
o Education and training
o Scientific research
o Student loans
o Law enforcement
o Environmental cleanup
o Disaster aid
SPENDING
o Part of the federal budget pays for
salaries of millions of people who
work for the civilian branches of
the federal government including
FBI and CIA agents, file clerks,
congressmen, meat inspectors,
even doctors, etc.
Federal Aid to State and Local Governments
o State and federal governments share the costs of Medicaid and unemployment compensation.
o They also share in funding other social programs.
o Additional federal money goes to the states for education, lower-income housing, highway construction, mass-transit, healthcare, employment training and dozens of other programs.
Federal Aid to State and Local Governments
o Federal grant-in-aid are grants of
federal money for certain defined
purposes.
o Federal aid also comes in when a
particular state suffers natural
disasters such as FEMA.