Question

The largest amount of the federal governments expenditure is for
A) interest payments on the national debt.

B) social security.

C) transfers to state and local governments.

D) national defense.

Answer 1

The correct answer is option: ( b )

​​​​​​social security

The largest amount of the federal governments expenditure is for social security taking up 38% or nearly $1,050 billion of the $2,736 billion total. Social security is the mandatory spending item, government spends a large amount on social security earn through taxes which includes health care . Government spend laege amount on it because social security are expensive program of the nation, social security major program are - healthcare (medicare) , State Children's Health Insurance Program ( SCHIP) , Federal Old-Age (Retirement).

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