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- PR Briefly summarize the makeup of federal receipts and federal outlays. Distinguish between mandatory outlays and discretionary outlays. Briefly summarize the makeup of federal

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- PR Briefly summarize the makeup of federal receipts and federal outlays. Distinguish between mandatory outlays and discretionary outlays. Briefly summarize the makeup of federal receipts and federal outlays. Choose the correct answer below. O A. Federal receipts come from a combination of individual income taxes and FICA taxes, and federal outlays come from mandatory receipts such as Medicaid. OB Federal receipts come from a combination of individual income taxes and FICA taxes, and federal outlays come from a combination of mandatory and discretionary outlays. OC. Federal receipts come from a combination of individual and corporate income taxes, and federal outlays come from a combination of mandatory and discretionary outlays. O D. Federal receipts come from a combination of excise taxes and FICA taxes, and federal outlays come from discretionary outlays such as defense and homeland security Distinguish between mandatory outlays and discretionary outlays. Choose the correct answer below. O A. Mandatory outlays are expenses that are borrowed automatically unless Congress acts to change them. Discretionary outlays are the expenses that Congress must vote on each year and that the President must sign into the law. OB. Mandatory outlays are the expenses that Congress must vote on each year and that the President must sign into the law. Discretionary outlays are expenses that are paid automatically unless Congress acts to change them. Click to select your answer. Briefly summarize the makeup of federal receipts and federal outlays. Distinguish between mandatory outlays and discretionary outlays. discretionary outlays. O C. Federal receipts come from a combination of individual and corporate income taxes, and federal outlays come from a combination of mandatory and discretionary outlays. OD. Federal receipts come from a combination of excise taxes and FICA taxes, and federal outlays come from discretionary outlays such as defense and homeland security Distinguish between mandatory outlays and discretionary outlays. Choose the correct answer below. O A. Mandatory outlays are expenses that are borrowed automatically unless Congress acts to change them. Discretionary outlays are the expenses that Congress must vote on each year and that the President must sign into the law. OB. Mandatory outlays are the expenses that Congress must vote on each year and that the President must sign into the law. Discretionary outlays are expenses that are paid automatically unless Congress acts to change them. O C. Mandatory outlays are expenses that are paid automatically unless Congress acts to change them. Discretionary outlays are the expenses that Congress must vote on each year and that the President must sign into the law. OD. Mandatory outlays are expenses that are paid automatically unless Congress acts to change them. Discretionary outlays are the expenses that Congress must vote on each year and that the Senate must sign into the law. Click to select your

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