Budget Bill

A budget bill is a proposed law that outlines how government funds will be allocated and spent over a specific period, usually a year. It details expected income from taxes and other sources, and sets priorities for funding public services like education, healthcare, infrastructure, and defense. The bill must be approved by lawmakers before it becomes law, ensuring government spending aligns with economic goals and policy priorities. Essentially, it’s the government’s financial plan, guiding the collection and use of taxpayer money responsibly.