The three largest categories of spending by the Federal government in order from first to third would be
A) Social Security, Medicare, and national defense
B) national defense, net interest, and Social Security
C) Social Security, national defense, and income security
D) income security, Social Security, and national defense

Question

Quizplus · Accepted Answer

According to data from the Office of Management and Budget in 2020, the three largest categories of spending by the Federal government in order from first to third are Social Security ($1.048 trillion), national defense ($721 billion), and income security ($543 billion). Therefore, choice C is the correct answer.

The Three Largest Categories of Spending by the Federal Government