A User Friendly Citizen's Guide to the Federal Budget | AccountingWEB

A User Friendly Citizen's Guide to the Federal Budget

Next year, the Federal Government will spend over $1.8 trillion. Needless to say, that's a lot of money. And the Government spends it on lots of things--on programs as large as Social Security, and on activities as small and unknown as repairs to the Washington D.C. National Zoo.

How much do you know about the budget? If your answer is "not much," you're not alone. If you would like to know just what programs your tax dollars are going to be spent on, check out the Citizen's Guide to the Federal Budget.

The Guide is designed to give you a tour of the 2001 budget. In these pages, the Government outlines how the Government raises revenues and spends money, how the President and Congress enact the budget, how they have been able to move from deficit to surplus, and what the President hopes to accomplish with his 2001 budget.

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