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 Budget 101. 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?