Definition
Budget analysis, /ˈbʌdʒɪt əˌnæləsɪs/ (UK), /ˈbʌdʒɪt əˌnæləsɪs/ (US), involves the examination and evaluation of a budget’s components, such as revenues, expenditures, and performance metrics, to assess its effectiveness and efficiency.
Example
The recent budget analysis of the United States revealed areas of overspending that needed to be addressed to maintain fiscal stability.