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As of the year 2010, what are the three largest areas of spending for the federal government? Describe the types of programs that each area covers. 3-5 sentences please!

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Answer:

Explanation:

As of 2010, US war on terror was gooing on so defense spending is in the top three categories. It covers all pentagon expenses on buying things for the military. But health care actually accounts for more than defense. It takes care of people who cannot afford health care on their own.  The cost was so much that President Obama started a health care reform program. Retirement i.e. social security is the largest federal expenditure. It pays retired people as they previously have paid the governement through social security taxes. They count on the government for support during their retirement.

Baraq

Based on the national figures released by the federal government, the three largest areas of spending as of the year 2010 are National Defense, Social Security, and Health.

This is evident in the report released, which shows that the Social Security areas gulped about 23% of the total expenditure of the federal government of the United States.

  • This area covers programs such as retirement, disability, dependents, and survivors benefits.

On the other hand, the health area gulped 21.7% of the federal government expenditure.

  • This area covers programs mainly Medicaid and Medicare.

The National Defense gulped 18.8% of the total expenditure of the U.S. federal government.

  • This area covers programs such as military operations like training and planning, maintenance of equipment, etc.

Hence, in this case, it is concluded that more than 50 percent of the United States Federal Government expenditures in 2010 went to the three major areas.

Learn more here: https://brainly.com/question/24364050

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