CBBC Newsround | THE BUDGET | What is the Budget?

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	The Team


		The Budget

	What is the Budget?

	Why do we have one?

	Where does the money come from?

	Does it affect me?

	What happens on Budget day?

	What's the red briefcase about?

What is the Budget?
The Budget is a statement made every year by the government on how it's going to get the money it needs to spend on the country.

It's worked out by the Chancellor of the Exchequer with help from his office, the Treasury.

At the moment, the Chancellor is Gordon Brown.


			next

How will the budge affect YOU?

How YOU would spend the nation's dosh!

Pictures: The Cabinet

Teachers:
Lesson on balancing the Budget


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