Examlex
Which of the following groups has the highest priority?
Defense Spending
The amount of financial resources dedicated by a nation to maintaining and enhancing its armed forces or defense capabilities.
Federal Budget
An annual financial statement presenting the government's proposed revenues, spending, and priorities for a fiscal year.
State and Local Government Spending
The total of all expenditures made by state and local governments for goods, services, and direct assistance, typically funded through taxation and borrowing.
Federal Government
The national government of the United States, composed of three branches: legislative, executive, and judicial, responsible for governing the country according to its Constitution.
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