Definition of Federal budget:
The federal budget is a detailed map of the United States' annual public spending.
The federal budget is used to finance a variety of federal expenditures, from the payment of federal employees to the payment of US military equipment to the distribution of agricultural subsidies. The budget is calculated annually, the fiscal year begins on October 1 and ends on September 30 of the following year. This is the budget year.
General Financial Situation in the United States.
Meaning of Federal budget & Federal budget Definition