Business
Business, 04.04.2020 06:00, charlesgtro7066

A presidential candidate vows to cut entitlement spending by 20 percent in the first few weeks that he is in office. Which of the following are likely reasons as to why the candidate could not achieve this reduction? Instructions: You may select more than one answer.

The budget process is usually a very slow process and reform takes time
This would generate a significant budget deficit.
Congress, not the president, controls entitlement spending. Entitlement spending is a discretionary type of spending.
Entitlement spending is mostly non-discretionary.
Entitlement spending is subject to FICA withholding.

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Answers: 2

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A presidential candidate vows to cut entitlement spending by 20 percent in the first few weeks that...

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