Definition of «budget deal»

A budget deal refers to an agreement reached between political parties or branches of government on a plan for managing and allocating public funds. This typically involves setting spending limits, determining revenue sources, and establishing priorities for different programs and initiatives. A budget deal can also involve negotiations over the allocation of resources for specific projects or programs, as well as decisions about tax policy and other fiscal matters. The goal of a budget deal is to ensure that government operations are funded in an efficient and responsible manner, while addressing the needs and priorities of different stakeholders.

Sentences with «budget deal»

  • Even the governor's more modest proposal was not included in the recent state budget deal. (observer.com)
  • Whether the final budget deal is merely a triumph of politics or one of substance on other fronts will take time to discern. (nymag.com)
  • Last year's bipartisan budget deal put the brakes on discretionary spending for the 2017 fiscal year. (aaas.org)
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