Question

The largest amount of money that the federal government lays out is for the transfer program, _____. and its largest expenditure is for _____.

Answer 1

The transfer program is Pensions, and this include both social security and pensions for government and federal employees. On this the government will spend over $1.5 trillion in the 2017 fiscal year. The largest expenditure is healthcare. On this the government spends about $1.6 trillion and this includes partial expenditure on both Medicare and Medicaid