Pages

Friday, February 28, 2014

Budget

Econ Comments & Analysis                                                                                            
CRS | Federal Trust Funds and the Budget
The federal budget consists of four basic fund groups—the general fund, special funds, revolving funds, and trust funds. The first three are often referred to as the federal funds group. Trust funds are an accounting mechanism that records revenues, offsetting receipts, or collections earmarked for the purpose of the specific fund.