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:
“Giving presents is a talent; to know what a person wants, to know when and how to get it, to give it lovingly and well. Unless a character possesses this talent there is no moment more annihilating to ease than that in which a present is received and given.”
—Pamela Glenconner (1871–1928)
“New York has never learnt the art of growing old by playing on all its pasts. Its present invents itself, from hour to hour, in the act of throwing away its previous accomplishments and challenging the future. A city composed of paroxysmal places in monumental reliefs.”
—Michel de Certeau (1925–1986)
“My mind to me a kingdom is;
Such present joys therein I find
That it excels all other bliss
That earth affords or grows by kind.
Though much I want which most would have,
Yet still my mind forbids to crave.”
—Sir Edward Dyer (c. 1540–1607)