Federal Budget
/ˈfɛd(ə)rəl ˈbʌdʒɪt/
Definitions
- (n.) An annual financial statement presented by the executive branch outlining anticipated government revenues and proposed expenditures for the federal fiscal year.
The federal budget allocates funds for national defense, healthcare, and education.
Forms
- federal budget
- federal budgets
Related terms
See also
Commentary
In legal and governmental contexts, the federal budget is central to appropriations law and fiscal oversight, often influencing statutory enactments and executive implementation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.