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:
“To “give style” to one’s character—a rare and noble art! Those practice it who compass all that their natures present as strengths and weaknesses and then fit them into an artistic plan until every one appears as art and reason and even weakness enchants the eye.”
—Friedrich Nietzsche (1844–1900)
“The present age ... prefers the sign to the thing signified, the copy to the original, fancy to reality, the appearance to the essence ... for in these days illusion only is sacred, truth profane.”
—Ludwig Feuerbach (1804–1872)
“I am present at the sowing of the seed of the world. With a geometry of sunbeams, the soul lays the foundations of nature.”
—Ralph Waldo Emerson (1803–1882)