Federal Government Expenditures. Federal Budget –An annual plan outlining proposed revenues and expenditures for the coming year –Consists of: Mandatory.
Creating a Budget Chapter 14. Budget Process Deficit v. Surplus Deficit occurs when expenditures exceed revenues in a year – $1.3 trillion in 2010 Surplus.
Economic Tools of the US Government American Budgetary and Fiscal Policies.
Creating a Budget
