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Author Question: What are entitlements? How has the increase in the number of entitlements changed the budgetary ... (Read 39 times)

geodog55

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on: Jul 1, 2018
What are entitlements? How has the increase in the number of entitlements changed the budgetary process?
 
  What will be an ideal response?

Question 2

Forecasts are
 
  A) generally incorrect.
  B) predictions about the future.
  C) explanations of past occurrences.
  D) limited to short time periods.


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jomama

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Reply #1 on: Jul 1, 2018
Answer to Question 1

Entitlements are government programs that provide funds to those who meet eligibility requirements rather than appropriating a fixed amount of money for a program. The increased used of entitlements has changed the budgetary process because it is difficult to hold entitlements to an incremental increase each year since it is difficult to predict how many individuals will be eligible for an entitlement in a given year and how much each individual will cost the government. As a matter of routine, entitlement expenditures have exceeded estimates. Increased spending on entitlements has added to the uncertainty of the budgetary process and placed considerable pressure on non-entitlements.

Answer to Question 2

B


geodog55

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Mochi

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Reply 3 on: Yesterday
Excellent

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