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TeachMeFinance.com - explain direct spending
direct spending -- Synonymous with mandatory spending. Direct
spending is budget authority provided in laws other than appropriation
acts. For the purposes of the Deficit Control Act, it is also defined as
including entitlement authority and the Food Stamp program.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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