Question

Explain the difference between mandatory and discretionary spending? provide an example of each kind of spending"

Answer 1

Medicare- net interest payment

Defense- discretionary spending

Debt- mandatory spending

Step-by-step explanation:

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Answer 2

Mandatory spending is something that either has, or is strongly urged to be done. Discretionary spending is based on the spenders discretion, if the spender thinks it needs to be spent, then they would do so. Example of mandatory spending would be paying back a loan. Example of discretionary spending would be a good business investment.  Hope this helps!