Part one of term paper
A Budget is a management tool that is an expression of planned expenditures and revenues. "Budgets serve many important functions in government. In one sense, budgets are contracts annually agreed on by the executive and legislative branches that allow executive agencies and departments to raise and spend public funds in specified ways for ...

Part two of term paper
... over subordinate units of government by the politically elected representatives of the people. Budgetary decisions are made, according to Rubin in her book The Politics of Public Budgeting, by envisioning governments as "not merely technical managerial documents" but rather "they are also intrinsically and irreducibly political." Her ideas are similar to that of general budget concepts over balancing expenditures and revenues, but differ in fundamental ways according to Stillman. "The open en ...