Which of the Following Statements Is True of Federal Government

question 59

Multiple Choice

Which of the following statements is true of federal government spending for 2016? 

• A) Social Security and Medicare are available only to low-income individuals. 
• B) Along with veterans' benefits, defense spending amounts to more than a fifth of the federal budget. 
• C) Temporary Assistance for Needy Families (TANF) accounts for 22 percent of the federal budget. 
• D) Medicaid is funded by payroll taxes and paid out to all qualifying persons, regardless of income. 
• E) National debt is most likely to decrease in future years.

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