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Two government budget practices that can have significant implications for lower levels of government are block grants and unfunded mandates.
Federal and state governments have tried to change budget rules to control government spending. Budget rules have also been used to impose fiscal discipline.
At the federal level, there are two categories of budgetary expenditures: entitlement and discretionary spending.
One indicator of smart fiscal practices is maintaining balance between spending and revenues. Occasionally deficits may be necessary.
Under the U.S. Constitution, people are entitled to compensation when a government takes their property. This is known as a taking.
The Consumer Product Safety Commission (CPSC) has jurisdiction over more than 10,000 types of consumer products. Mandatory standards govern only a small number of products.
For many older adults, travel is important as a way to encounter new experiences, visit with friends and family, and obtain necessary medical care.
Housing costs determine whether individuals and families can live in a neighborhood without sacrificing other basic necessities, such as food and health care.
A range of programs exists to address the lack of affordable housing. These programs are not nearly enough to meet the demand from those who are housing cost-burdened.