Discretionary spending

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Discretionary spending is a spending category through which governments can spend through an appropriations act.^{[citation needed]} This spending is optional as part of fiscal policy, in contrast to entitlement programs for which funding is mandatory.^[1]

In the United States, discretionary spending refers to spending set on a yearly basis by decision of Congress. Such spending is usually authorized by Congress in another act. Provisions of an appropriations act that authorize spending are earmarks. When an authorization act also appropriates funds, it is called mandatory spending.

See also

Business and economics portal

• Appropriation bill
• Mandatory spending

References

1. ^ Mandal, U.C. (1 January 2007). Dictionary Of Public Administration. Sarup & Sons. p. 140. ISBN 9788176257848. http://books.google.com/books?id=Hs0xJORVIHwC&pg=PA140. Retrieved 5 April 2011. 

This economic term article is a stub. You can help Wikipedia by expanding it.v · Categories: Public finance Fiscal policy Economics and finance stubs Economic term stubs Wikimedia Foundation. 2010. Игры ⚽ Нужна курсовая? Discrete weighted transform Discretionary trusts and powers in English law Look at other dictionaries: discretionary spending — ➔ spending * * * discretionary spending UK US noun [U] ► ECONOMICS, FINANCE money spent by consumers on things other than necessary things such as food, clothes, and fuel: »Soaring fuel prices have hit discretionary spending, which could weaken… …   Financial and business terms discretionary spending — noun a) The amount or portion of a persons or groups expenditures which is used for non essential or voluntary disbursements; the amount or portion of ones expenditures which one may make as one sees fit. In this scenario discretionary spending… …   Wiktionary spending — spend‧ing [ˈspendɪŋ] noun [uncountable] ACCOUNTING ECONOMICS FINANCE the amount of money spent, especially by a government or organization: • The slump in high street spending could reduce imports. • a rise in …   Financial and business terms Discretionary Income — The amount of an individual s income that is left for spending, investing or saving after taxes and personal necessities (such as food, shelter, and clothing) have been paid. Discretionary income includes money spent on luxury items, vacations… …   Investment dictionary spending — noun ADJECTIVE ▪ total ▪ There has been an increase in total government spending. ▪ high, low ▪ additional, increased ▪ …   Collocations dictionary discretionary — A discretionary broker buys and sells shares on behalf of the client and also has the authority to make investment decisions without the prior approval of the client. London Stock Exchange Glossary * * * discretionary UK US /dɪˈskreʃənəri/… …   Financial and business terms Spending Review — A Spending Review or occasionally Comprehensive Spending Review is a governmental process in the United Kingdom carried out by HM Treasury to set firm aditure limits and, through public service agreements, define the key improvements that the… …   Wikipedia Spending Review (United Kingdom) — A Spending Review or occasionally Comprehensive Spending Review is a governmental process in the United Kingdom carried out by HM Treasury to set firm and fixed three year departmental expenditure limits and, through public service agreements,… …   Wikipedia discretionary — adj. Discretionary is used with these nouns: ↑award, ↑grant, ↑income, ↑spending …   Collocations dictionary discretionary income — /dɪˌskreʃ(ə)n(ə)ri ɪnkʌm/ noun income left after fixed payments have been made and whose spending is therefore subject to advertising influence ● Discretionary incomes generally increase in a recession …   Marketing dictionary in english 18+ © Academic, 2000-2024 Contact us: Technical Support, Advertising Dictionaries export, created on PHP, Joomla, Drupal, WordPress, MODx. Mark and share Search through all dictionaries Translate… Search Internet Share the article and excerpts Direct link … Do a right-click on the link above and select “Copy Link”