Answered

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What was the largest expenditure item in the federal government's Fiscal Year 2023 budget?

A. Environmental Protection
B. National Defense
C. Education
D. Interest on the national debt
E. Medicare
F. Transportation
G. Social Security
H. Income Security

Sagot :

GinnyAnswer

Final answer:

Interest on the national debt was the largest expenditure in the federal budget for Fiscal Year 2023.


Explanation:

Interest on the national debt was the largest expenditure item in the federal government's Fiscal Year 2023 budget. This is a significant category of government spending alongside national defense, Social Security, and healthcare. Interest payments represent a crucial aspect of the federal budget, reflecting past borrowing.


Learn more about Federal Government Expenditures here:

https://brainly.com/question/34369322


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