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One indicator of smart fiscal practices is maintaining balance between spending and revenues. Occasionally deficits may be necessary.

At the federal level, there are two categories of budgetary expenditures: entitlement and discretionary spending.

Under the U.S. Constitution, people are entitled to compensation when a government takes their property. This is known as a taking.

Poverty is defined by comparing household income with the minimum income required for basic needs. People whose income is below the threshold are considered poor.

Policymakers can take action to stimulate the economy.

Federal and state programs help many older people with low incomes. These programs provide access to vital services like income support and health care.

The major source of public financing for long-term services and supports (LTSS) is the joint federal and state Medicaid program.

Grandparents and other relatives play an important caregiving role in family well-being. Support from extended family is especially vital in families with low incomes.

Several recent legislative efforts in Congress have included proposals that would cap the federal contribution (overall in a block grant or per person in a per capita cap) to Medi

Providers of long-term services and supports (LTSS) cannot ensure high-quality services without sufficient funding.