9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Government Spending (redirected fromMandatory spending) Government Spending Thepaymentofmoneyby agovernmentforsomeserviceitoffers.Amajorexampleofgovernmentspendingispaymentofsalariesformilitarypersonnel.Becausegovernmentspendingis...
In recent years, mandatory spending has been around 12% to 13% of GDP. The Congressional Budget Office (CBO) projects mandatory spending will rise gradually from its current levels reaching 14.9% of GDP in FY2026. CBO current-law baseline projections, which extend 10 years forward, do not re...