Question

What is the main goal in creating the federal budget?

Answer 1

 earn as much money possible

Answer 2

Answer:

The right answer is “deciding how to manage the government's tax revenue and expenditures”

Explanation:

The Federal budget is a document that has specific details of how the government will spend its tax revenues during the forthcoming year. This revenue is because of the taxes that include family incomes, business profits, imports, etc. Usually, federal spending is for activities that might benefit the whole society, like public safety, transports, defense, etc. welfare payments are included as well.