U.S. budget

The U.S. budget is a detailed plan that shows how the government intends to collect revenue through taxes and other sources, and how it will spend that money on programs, services, and obligations. It covers areas like defense, education, healthcare, infrastructure, and social programs. Each year, Congress reviews and approves the budget to prioritize funding, aiming to support economic stability, national security, and public welfare. Managing the budget involves balancing income and expenditures, sometimes involving borrowing, which leads to national debt. Ultimately, it reflects the government's spending choices and economic policies.