Present
In FY 2011, Social Security, Medicare, and Medicaid were the largest individual mandatory expenditures, together accounting for about 70 percent of all mandatory spending. Various income security programs, such as SNAP, unemployment compensation, and earned income and child tax credits, accounted for an additional 18 percent of mandatory spending.
Read more about this topic: Mandatory Spending
Famous quotes containing the word present:
“When we leave our child in nursery school for the first time, it won’t be just our child’s feelings about separation that we will have to cope with, but our own feelings as well—from our present and from our past, parents are extra vulnerable to new tremors from old earthquakes.”
—Fred Rogers (20th century)
“The primary function of myth is to validate an existing social order. Myth enshrines conservative social values, raising tradition on a pedestal. It expresses and confirms, rather than explains or questions, the sources of cultural attitudes and values.... Because myth anchors the present in the past it is a sociological charter for a future society which is an exact replica of the present one.”
—Ann Oakley (b. 1944)
“In Haydn’s oratorios, the notes present to the imagination not only motions, as, of the snake, the stag, and the elephant, but colors also; as the green grass.”
—Ralph Waldo Emerson (1803–1882)