U.S. Federal Budget

The U.S. government is required by law to create a federal budget for each fiscal year. This budget shows how the government intends to spend and allocate the money that it takes in from taxes and other revenue measures. The process can be difficult to coordinate between the conflicts between political parties and balancing the interests of society.

Understanding what is included in the federal budget and how it is created can help government contractors to find government contracts to grow their public sector sales.

Here is what the process of creating a federal budget involves.