Chapter 10: Government Spending
"Understanding the Federal Budget"
You have already learned that the federal budget is an annual
plan outlining the proposed revenues and expenditures for
the coming year. A good source for further information about
the budget is the Citizen's Guide to the Federal Budget
released by the Government Printing Office. This document
is designed to provide an outline of how the government raises
revenues and spends money; how the budget is enacted by the
president and Congress; reasons for the budget deficit and
debt; and accomplishments the president hopes to achieve with
the current budget.
Destination Title: A
Citizen's Guide to the Federal Budget
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Start at A Citizen's Guide to the Federal Budget Web
- Select "What Is the Budget." This page
provides a summary of information about the budget of the
United States government. Read the article from the screen
or print a copy of it. Then, answer the following questions.