Federal Programs

Brownfield
Brownfields are sites whose former use involved hazardous materials. These can range from discontinued manufacturing facilities to shut-down military bases and abandoned gasoline stations. Federal programs exist to transform these sites into safe areas for redevelopment.
Medicare
Medicare, a federal health insurance program established under Title XVIII of the Social Security Act, provides basic health coverage to seniors aged 65 and over, individuals with permanent kidney failure, and those under 65 with long-term disabilities, administered by the Health Care Financing Administration with applications handled by the Social Security Administration.
Off-Budget
Off-budget items are federal programs that are not counted toward budget limits due to current law provisions. These programs are typically self-funding, such as Social Security and the United States Postal Service. Additionally, supplemental appropriations for emergencies are considered off-budget.

Accounting Terms Lexicon

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