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Basic Federal Budgeting Terminology (CRS Report for Congress)

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Release Date March 5, 2001
Report Number 98-410GOV
Authors Bill Heniff Jr.
Source Agency Congressional Research Service
Summary:

In its most elemental form, the federal budget is a comprehensive accounting of the government's spending, revenues, and borrowing. This fact sheet provides a brief overview of the basic terminology and concepts used in the federal budget process.