Politics and Economics Vocabulary
3 Mr.
Thacker
Section 4: Taxation
and CWP
Identify and/or Explain
- Mandatory
spending
- Discretionary
spending
- Entitlements
- “means-tested”
- Social
Security
- Medicare
- Medicaid
- Federal
programs (food stamps)
- “baby
boomer”
- Defense
spending
- Other
Discretionary spending (list them)
- Federal
aid to State and Local governments