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:
“The land of shadows wilt thou trace
And look nor know each other’s face
The present mixed with reasons gone
And past and present all as one
Say maiden can thy life be led
To join the living with the dead
Then trace thy footsteps on with me
We’re wed to one eternity”
—John Clare (1793–1864)
“I am surprised you shd. say fancy and aesthetic tastes have led me to my present state of mind: these wd. be better satisfied in the Church of England, for bad taste is always meeting one in the accessories of Catholicism.”
—Gerard Manley Hopkins (1844–1889)
“The greatest significance of the present student generation is that it is through them that the point of view of the subjugated is finally and inexorably being expressed.”
—James Baldwin (1924–1987)