A government budget is a financial plan that outlines the expected revenues and expenditures of a government for a specific period, typically one fiscal year. It serves as a framework for government operations, detailing how public funds will be allocated to various services and programs, such as education, healthcare, infrastructure, and defense. The budget is created based on projected income from taxes, fees, and other revenue sources, and it reflects the government’s priorities and policy goals. It also helps to manage public resources, stimulate economic activity, and maintain fiscal responsibility. The budget process typically involves drafting, legislative approval, implementation, and evaluation, ensuring accountability and transparency in how public funds are used.
```html Japan's Diet faces legislative gridlock as rival parties clash over witness hearings, delaying progress. Ruling party leader criticizes the opposition for stalling budget discussions despite prior commitments. Opposition counters,…