The phrase "agreement on the budget" refers to a situation where all parties involved have come to an understanding or decision regarding how money will be allocated and spent within a specific timeframe. Full definition
A likely agreement on the budget for the minimum wage is expected to include a $ 15 wage for New York City by 2018 and longer phase - in periods for the suburban counties. (nystateofpolitics.com)
Gov. Jerry Brown and legislative leaders reached agreement on a budget plan Monday that will usher in sweeping changes to school funding that give local officials far more control over spending decisions. (k-12daily.org)
The government has said it is determined to secure agreement on the budget in its presidency of the union, which ends at the end of this year, but talks are currently in deadlock, primarily over the rebate and the reform of the Cap. (politics.co.uk)