You hear the word constantly around Washington — but maybe you don’t quite understand what it means.
You’re not alone. In an effort to help define the word’s significance to national politics and the federal budget, watch our video below, which attempts to explain the term in under two minutes.
Watch the video above and share your thoughts in the comments section below — and please also share suggestions on what other terms or topics we should try to explain in a video.
Follow Ed O’Keefe on Twitter: @edatpost