Across
- 2. mandatory spending - government health insurance for low income people under the age of 65.
- 6. transfer payment or mandatory spending providing monthly income to senior citizens
- 7. mandatory spending - government health insurance for senior citizens over the age of 65
- 9. expenditures authorized by law - continues without congressional approval - like Social Security
- 13. higher interest rates caused by heavy government borrowing - locking out the consumer
- 14. government spending that exceeds revenues for a given year causing a budget deficit
Down
- 1. legal limits on annual discretionary spending - helping congress to balance budget
- 3. result of grants in aid and funds that one level of government transfers to another for projects - services expenses
- 4. proposed idea requiring government spending - not to exceed revenues
- 5. special government accounts used to fund mandatory spending - social security and medicare
- 8. any new spending - tax cuts must be offset by reductions elsewhere in the budget
- 10. guaranteed government programs - mandatory spending making it difficult to balance the budget - programs are very popular among the citizens and voters
- 11. overall money owed by federal government - caused by deficit spending from year to year
- 12. president can veto certain parts of a bill - the rest can still become a law - cut spending