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 the moment when you make the least petition to God, though it be but a silent wish that he may approve you, or add one moment to your life,do you not, in the very act, necessarily exclude all other beings from your thought? In that act, the soul stands alone with God, and Jesus is no more present to your mind than your brother or your child.”
—Ralph Waldo Emerson (18031882)
“He to whom the present is the only thing that is present, knows nothing of the age in which he lives.”
—Oscar Wilde (18541900)
“Sometimes all you need to do to win clever people over to a principle is to present it in the form of a shocking paradox.”
—Friedrich Nietzsche (18441900)