Why Is Mandatory Spending?

The way the federal government process begins is when the President send out a plan on about what the government will be spending. This plan has to be sent out at least by the the first Monday in February. The budget covers a period known as a fiscal year and starts on October 1st and ends on September 30th of the next year. The budget that the president send out is for two types of spending. Mandatory spending is fixed and covers things such as social security. Discretionary spending is the spending choices that are made and approved of each year. Once the bill is passed committees in the House write appropriation bills that determine how much is going to be spent on each program per year. Once the bill is written both of the houses have
Revenue is the money that the government collects to fund its spending. The biggest source of income is the personal income tax that is paid by all people who earn income. The second largest source of income for the government is the payroll tax. This is taken from paychecks to fund social insurance programs like Social Security and Medicare. The third larges is the taxes that corporations have to pay on their profits. The taxes fall into three categories. The first being a progressive tax which increases as income increases. The next is proportional tax which has a constant tax rate regardless of the income. The last is a regressive tax which taxes a smaller percentage of all of the income as the amount of money you earn
The new laws that were passed forced congress to make committees to focus on setting up the budget that they will have for that fiscal year. Their jobs are to track the spending that congress does and track their annual revenues. Congress often adds smaller side projects that help increase the revenue that they can use for spending. The different types of congress that collect money for their spending are similar in many ways. One type of government is the State Government. This type of government's best way of making money is the sales tax that they place on goods. The most that state governments spend on is public welfare. A large sum of the money that is spent on is education. Some of the spending goes to local governments to pay for education and public schools.
Local governments make their money by having a property tax. This tax is based on the amount of money that the value of the land and property is that people own. The higher the value of the property the more that is paid on the tax. Local governments are the ones that pay for buildings and roads to be built in towns. Local governments are the ones that supply water, and treat the town to take care of