a pendent ornament consisting commonly of a bunch of threads, small cords, or other strands hanging from a roundish knob or head, used on clothing, in jewelry, on curtains, etc. 2. something resembling this, as the inflorescence of certain plants, especially that at the summit of a stalk of corn.
It is estimated that Governmentâs total expenditure for the financial year 2016-2017, on the accrual basis, will be $4 394.5 million. When converted to the cash basis, total expenditure is $4 331.7 million, an increase of $92.5 million or 2.2 per cent over the revised figure for 2015-2016.
Discretionary spending refers to the portion of the budget that is decided by Congress through the annual appropriations process each year. These spending levels are set each year by Congress. This pie chart shows how Congress allocated $1.11 trillion in discretionary spending in fiscal year 2015. Download Image.