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What are the opposite words for discretionary spending?
The opposite of discretionary spending is mandatory spending. While discretionary spending refers to optional expenses that individuals can choose to make or not, mandatory spending comprises expenses that the government must meet due to legal or constitutional obligations. Mandatory spending includes funding for programs such as Social Security, Medicare, and Medicaid, as well as interest payments on the national debt. Unlike discretionary spending, mandatory spending cannot be altered or cut through budget negotiation processes as it is mandated by law. In general, mandatory spending is seen as essential while discretionary spending is considered less critical to national needs.
What are the antonyms for Discretionary spending?
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Famous quotes with Discretionary spending
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Domestic discretionary spending on education and health care and the environment has been growing at 2 to 3 percent a year. He says we have to rein it in, but he ignores the spending category that is the big spike in the budget.
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It is being alleged that the Federal Government is 'cutting' spending. In fact, we are not 'cutting' anything. Defense spending under this budget would rise by 4.3 percent over last year. Other discretionary spending would also rise.
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