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:
“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)
“That the end is not far off since it will occur
In the present and this is the present.”
—John Ashbery (b. 1927)
“That neither present time, nor years unborn
Could to my sight that heavenly face restore.”
—William Wordsworth (1770–1850)