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  2. Government budget - Wikipedia

    en.wikipedia.org/wiki/Government_budget

    A government budget is a projection of the government's revenues and expenditure for a particular period, often referred to as a financial or fiscal year, ...

  3. United States federal budget - Wikipedia

    en.wikipedia.org/wiki/United_States_federal_budget

    The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs.

  4. Mandatory spending - Wikipedia

    en.wikipedia.org/wiki/Mandatory_spending

    Medicare is a government administered health insurance program for senior citizens. [9] In the 10 years following the creation of Medicare, mandatory spending increased from 30 percent to over 50 percent of the federal budget. The graph to the right shows the larger share of the Federal Budget that mandatory spending has taken up over time.

  5. Discretionary spending - Wikipedia

    en.wikipedia.org/wiki/Discretionary_spending

    In American public finance, discretionary spending is government spending implemented through an appropriations bill. [1] This spending is an optional part of fiscal policy, in contrast to social programs for which funding is mandatory and determined by the number of eligible recipients. [2]

  6. Government spending in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_spending_in_the...

    The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [1] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."

  7. United States budget process - Wikipedia

    en.wikipedia.org/wiki/United_States_budget_process

    The United States budget process is the framework used by Congress and the President of the United States to formulate and create the United States federal budget.The process was established by the Budget and Accounting Act of 1921, [1] the Congressional Budget and Impoundment Control Act of 1974, [2] and additional budget legislation.

  8. Appropriations bill (United States) - Wikipedia

    en.wikipedia.org/wiki/Appropriations_bill...

    Traditionally, after a federal budget for the upcoming fiscal year has been passed, the appropriations subcommittees receive information about what the budget sets as their spending ceilings. [11] This is called 302(b) allocations after section 302(b) of the Congressional Budget Act of 1974. That amount is separated into smaller amounts for ...

  9. List of countries by government budget - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.