In January 1918, some ten months before the end of World War I, US President Woodrow Wilson had written a list of proposed war aims which he called the Fourteen Points..
Today, discretionary spending makes up less than 40 percent of the entire budget. Net Interest-Net interest is the only part of future spending that cannot be reduced by legislative action because it is money that must be paid to service the U.S. debt.
net interest expense. The total amount of interest paid by a business on funds it has borrowed less the amount of income earned in interest on amounts it has lent out or invested. The net interest expense was a key metric to analyze as the company lends money as well as leveraging itself.