Question

There are a lot of ways to slice up the U.S. budget. With this in mind, which of the following statements are true, based on the illustration below and then answer the following:

1.      Most of the federal budget is spent on welfare and foreign aid.

2.      The budget for the next year increased by 20%, what would be the allocation for Medicaid if the increase of 20 percent was applied uniformly and equally among all the sections stated.

3.      About half of the federal budget goes toward Medicare, Medicaid, and Social Security combined.

4.      More than half of the federal budget goes toward Medicare, Medicaid, Social Security, and interest on the debt combined.

5.      The federal government spends about $1,830 on the military per person in the United States.

6.      If 35% of unemployment insurance and welfare was spent on Welfare alone. What percentage of the US budget was spent on Welfare?

Picture Tools 30-Assignment 6 Compatibility Mode- Saved to this PC References Mailings Review View Help FormatPTell me what you want t o.Δ.. -E :, | 오-B.İL TP 7. There are a lot of ways to slice up the U.S. budget. With t İNormalITNo Spac.- Heading 1 Heading 2 Styles Paragraph this in. mind which of the following statements are true, based on the illustration below Program Social Security Defense Medicare Medicaid Spending (Sb) Percentage 807.8 23.4% 624.9 18.1% $585.3 16.9% s2654 7.7% Everything ese Social Security 23.4% Interest on the debt 64% and welfare 91% Defense 18.1% insurance and welfare Interest on the debt S339.9 $221.3 S609.7 9.8% 6.4% 17,7% MedicaldMedicine 77% 16.9% Everything else Total federal $3,454 3 100 0% wヨ