It's a way to accuse someone of being racially insensitive without calling them a racist. Example: That comment has racial overtones, you should apologize!. It's a way to accuse someone of being racially insensitive without calling them a racist. Example: That comment has racial overtones, you should apologize!.
R&D Budget Analysis. It's useful to think of the federal budget cycle in four phases. The first phase is agency planning; the second phase covers budget review by the Office of Management and Budget. These two phases together amount to the President's budget formulation.
Federal Spending: Where Does the Money Go Federal Budget 101. Facebook Twitter. In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and child in the United States. So where does all that money go?