The United States federal budget project

This project was developed to enable you to learn about the fiscal challenges that the federal government faces. Your class is asked to perform an analysis of the federal budget in light of increasing federal debt and make recommendations on how to address the fiscal challenges. This project is designed to increase your understanding of federal budgeting and accounting issues, and to help you better understand the public-interest complexities that occur in federal budgetary decision-making. The project achieves four primary learning objectives, and after completing the project you should be able to: (1) describe the federal budget process and accounting model; (2) explain the roles and responsibilities of key federal organizations and agencies with budgetary and spending responsibilities; (3) describe the inherent political factors involved in the federal budgeting process; and (4) communicate federal budget recommendations based on research conducted.