Cryptocurrency Q&A
What are the three biggest expenses in the federal budget?
What are the three biggest expenses in the federal budget?
Wed Jan 08 2025
|
5 answers
1153
I'm trying to understand the main financial outflows of the federal government. Specifically, I want to know what the three largest expenses are in the federal budget.
5 answers
Fri Jan 10 2025
Income taxes play a crucial role in generating revenue for governments.
Was this helpful?
313
28
Fri Jan 10 2025
Healthcare is a significant expenditure category in many budgets.
Was this helpful?
280
86
Fri Jan 10 2025
Payroll taxes are another primary source of revenue, often used to fund Social Security and other programs.
Was this helpful?
173
83
Fri Jan 10 2025
Alongside healthcare, Social Security also accounts for a large portion of spending.
Was this helpful?
85
34
Fri Jan 10 2025
Defense spending is another major area where governments allocate funds.
Was this helpful?
302
37
