Skip to content

The House Bill Would Mean a Tax Hike for Millions of Seniors. Learn More

 
National Debt Glossary

Entitlements

Federal programs that guarantee payments to individuals who meet certain criteria set by law. The Social Security Act, for example, guarantees any American age 62 or older benefits according to a formula fixed by law.

Federal entitlement programs — with Social Security, Medicare and Medicaid at the top of the list — account for more than half of all government spending.

See also: Mandatory spending

 

Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.

Next Article

Read This