Government Funding and Budgeting
Background
Government funding and budgeting refers to the process by which the federal, state, and local governments in the United States allocate financial resources to various programs, departments, and initiatives. This process involves determining how much money will be spent on public services such as healthcare, education, defense, infrastructure, social welfare, and other government functions. The budgeting process also determines how these expenditures will be funded, typically through taxes, borrowing, and other revenue streams.