ELI5: Explain Like I'm 5

United States federal budget

The United States Federal Budget is a plan for how the government will use its money. Every year, the President and Congress work together to decide how to spend money that the government collects from taxes and other sources. This includes things like building roads and bridges, offering healthcare for veterans, and funding education and research. The money that is not spent goes into a savings account to be used for future projects.