12.4 Government Spending

Because it affects the quality of public services and the economy

Because it only impacts politicians

Because it is unrelated to daily life

Because it is a private matter

The government only borrows money when it has a surplus.

The government never borrows money.

The government frequently borrows money to pay for expenses when it does not have enough money.

The government borrows money only from individuals.

Reduce all government spending to zero

Raise the debt ceiling permanently

Temporarily raise the debt ceiling

Both B and C

mandatory spending

discretionary spending

interest on debt

Social Security

Medicare

Defense

Medicaid

because the government allocates money to them each year

because the government cannot adjust how much it spends on them

because their costs change over time

because they are available to people who meet certain criteria

To limit how much debt the federal government can have at once

To control government spending on education

To set tax rates for citizens

To determine the value of the U.S. dollar