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Welfare is a contentious topic in America, but it’s just part of the overall budget process.  In essay form, explain how the federal budget is divided.  Which of those categories fluctuates (give an example) and which is fixed?  Within that fixed area, identify by name the term given the U.S. federal expenditures mandated by law, providing an example. Finally, what would be considered traditional ‘welfare’ spending, (give an example), and whether cutting those programs would be an answer to America’s budget crisis.

Business Economics, Economics

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