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Both Trump and DeVos proposed cutting the Education Department's budget by about $3.6 billion and spend more than $1 billion on private school vouchers and other school choice plans. [131] Regarding the purpose and importance of the budget, DeVos claimed: This budget makes an historic investment in America's students.
Terminology. v. t. e. The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs.
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