The Federal Budget is a financial plan created by the government of a country, outlining expected revenues and expenditures for a specific fiscal year. It includes funding for various programs and services, such as education, healthcare, and defense, and is essential for managing the economy and ensuring public services are maintained. The budget is proposed by the President and must be approved by Congress in the United States. It reflects the government's priorities and economic goals, guiding how taxpayer money is spent and helping to address national issues like infrastructure, social security, and public safety.