The fastest growing component of the annual federal budgets since 2000 is
A) the education budget.
B) entitlement payments.
C) funding for health research.
D) interest payments on government debt.

Question

Quizplus · Accepted Answer

Entitlement payments, such as Social Security and Medicare, have been rapidly increasing due to an aging population and increasing healthcare costs. This has resulted in these payments becoming the largest component of the federal budget, surpassing defense and non-defense discretionary spending.

The Fastest Growing Component of the Annual Federal Budgets Since