The U.S. federal budget is primarily divided into three main categories: mandatory spending, discretionary spending, and interest on debt. Mandatory spending, which includes programs like Social Security, Medicare, and Medicaid, constitutes the largest portion and is required by law. Discretionary spending, which covers areas such as defense, education, and transportation, is determined by annual appropriations. Interest on debt represents the cost of servicing the national debt and is also a significant budget component.
Depends on what kind of budget it is.
The Production Budget for The Story of Us was $50,000,000.
What periods in recent history has the US run budget deficits and budget surpluses?
The Production Budget for Deliver Us from Evil was $30,000,000.
The Production Budget for People Like Us was $16,000,000.
The last time the US budget passed on-time was in 1996.
No
The executive branch makes suggestions on the budget, but Congress has control over it.
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
???? Congressional Budget Office (CBO)
The US Congress creates the budget and then submits it for approval to the President.
IMDB estimates this budget to be US$150,000,000.