Which of the following is the largest category of federal government expenditures?

Question

Quizplus · Accepted Answer

Transfer payments to individuals, such as Social Security, Medicare, and Medicaid, make up the largest category of federal government expenditures, accounting for about 62% of total spending. The second largest category is military spending, followed by grants to provincial and local governments, interest on government debt, and finally, healthcare spending.

Which of the Following Is the Largest Category of Federal