U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

Discretionary income is what someone has left over for saving or spending after taxes and living expenses have been paid. A person’s discretionary income is what they have left over from their ...

However, just because someone has a high income, that doesn't mean they will be able to ... 30% (or less) toward discretionary spending and the remaining 20% (or more) into either savings or ...

Post-holiday, discretionary spending has shifted back to the established baseline performance in January, with consumers ...

Marshal Cohen, the chief retail analyst at Circana, says subscription services are among the newest ways consumers are indulging and enhancing their lifestyles, and that the opportunities are ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number of p ...

Marshal Cohen, the chief retail analyst at Circana, breaks down discretionary spending in 2025. "The average American consumer, and this is for household income, runs at about $850 on an annual ...