Federal Finance

Federal finance refers to how the government manages its money at the national level. It involves the collection of revenue, primarily through taxes, and the allocation of funds to various public services, such as education, healthcare, and infrastructure. Federal finance also entails managing government debt and spending to stimulate the economy or address crises. Essentially, it ensures that the government can provide essential services while maintaining economic stability and growth, balancing revenue and expenditure for the overall financial health of the nation.