Of the following, the largest single component of U.S.federal government expenditures is spent on

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Quizplus · Accepted Answer

Social Security benefits are the largest single component of federal government expenditures, accounting for over 24% of the budget in 2020. National defense and purchases of goods and services for purposes other than defense are also significant components, but both are less than 20% of the total budget. Interest on the national debt and transfers to state and local governments are smaller components, each accounting for less than 10% of the budget.

Of the Following, the Largest Single Component of U