Answer:
The United States federal budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies.
The federal budget range is the authorities' estimate of revenue and spending for every economic yr. Like a circle of relatives' finances, the federal price range itemizes the expenditure of public finances for the approaching monetary year.
The U.S. Treasury divides all federal spending into three businesses: obligatory spending, discretionary spending, and hobby on debt. collectively, mandatory and discretionary spending accounts for greater than ninety percent of all federal spending and pays for all of the government services and applications on which we depend.
Learn more about the federal budget here: brainly.com/question/1226004
#SPJ2
