federal budget

Government financial plan

A federal budget is the comprehensive financial plan of a national government, outlining projected revenues and expenditures for a fiscal year.

It allocates money across departments and programs—defense, healthcare, infrastructure, social services—and projects how much will come in through taxes and other sources.

Congress and the president haggled over the federal budget for months.

The federal budget shapes national priorities and often sparks intense political debate over spending levels and taxation.

Opposites
governmental level

federal budgetstate budget

Government's financial allocation document

municipal budget · county budget · city budget · town budget

public vs private finance

federal budgethousehold budget

Plan for domestic expenses

private investment

centralized vs decentralized fiscal control

federal budgetgrassroots funding

Money from many individuals

Family

budget, federal

Familiarity
Top 200,000
Profile
Mostly American · Timeless · Everyday, not technical · Rated G