United States Budget Process - Discretionary and Mandatory Spending

Discretionary and Mandatory Spending

Each function within the budget may include "budget authority" and "outlays" that fall within the broad categories of discretionary spending or direct spending.

Read more about this topic:  United States Budget Process

Famous quotes containing the words mandatory and/or spending:

    Off south, the bison multiply so fast
    a slaughter’s mandatory every spring
    and every spring the creeks get fat
    and Kicking Horse fills up.
    Richard Hugo (1923–1982)

    This spending of the best part of one’s life earning money in order to enjoy a questionable liberty during the least valuable part of it reminds me of the Englishman who went to India to make a fortune first, in order that he might return to England and live the life of a poet. He should have gone up garret at once.
    Henry David Thoreau (1817–1862)