[Answer] In this budget how much money must go to mandatory expenses?

Answer: $35

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In this budget how much money must go to mandatory expenses? Mandatory spending is estimated to be $ 2.841 trillion for FY 2020. The two largest mandatory programs are Social Security and Medicare. That's 60% of all federal spending. It's almost three times more than the military budget . Congress established mandatory programs under so-called authorization laws. Start studying Budgeting. Learn vocabulary terms and more with flashcards games and other study tools. ... how much money must go to mandatory expenses ? $35. Why should variable expenses appear below fixed expenses in a budget ? They should be considered after fixed expenses . Monthly Budget Next month Tokuji's monthly net income will increase to $ 650 . If he increases his savings to $110 a month how much can he increase his discretionary spending? Government spending for FY 2021 budget is $4.829 trillion. Despite sequestration to curb government spending deficit spending has increased with the government’s effort to continually boost economic growth. Two-thirds of federal expenses must go to mandatory programs such as Social Security Medicare and Medicaid. Your first savings goal should be to put together an emergency fund with enough money to cover three to six months' worth of expenses. From there you should work on saving for retirement. Current US Federal Government Spending How To Budget: Calculate Monthly Income and Expenses ...

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