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50% of discretionary and 18% of mandatory. Social Security, Medicare, Medicaid, and Income Security are better thought of as insurance and pension systems that
by lapsedacademic 5y ago
50% of discretionary and 18% of mandatory.
Social Security, Medicare, Medicaid, and Income Security are better thought of as insurance and pension systems that happen to be run by the government. This is why they're ear-marked in federal budgets and listed separately on your paycheck.