Question : The largest category of federal government spending is:

Option 1: Defense spending

 

Option 2: Social security
 

Option 3: Medicare

 

Option 4: Interest on the national debt


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Social security


Solution : The correct answer is (b) Social security.

Social security is the largest category of federal government spending in the United States. It is a social insurance program that provides income support to retired workers, disabled individuals, and the surviving spouses and children of deceased workers. Social security spending includes benefits payments to eligible individuals and administrative costs associated with managing the program.

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