What Are The Different Federal Expenditures Of A Government?

           Let's look now the different levels of government. The U.S government is the world's biggest enterprise. It buys more automobiles and steel, meets a biggest payroll, and handles more money than any other organization anywhere. The numbers involved in federal finance are astronomical in the billions and trillions of dollars. The federal budget for 1998 is projected to be in the neighborhood of $1.7 trillion; this enormous number amounts to roughly $6300 for each American or approximately 2.5 months of total national output.

           The most rapidly expanding items in the last two decades have been entitlement programs, which provide benefits or payments to any persons who meet certain eligibility requirements set down by law. The major entitlements are social security, health programs and income security programs. In fact virtually the entire growth is federal spending in recent years can be accounted for by entitlement programs, which increased from 28 percent of the budget in 1960 to 59 percent in 1994. I think this answer is quite sufficient to explain the different federal expenditures of different governments in the world. U.S example is just to explain the question.