What is 2014 United States Federal Budget?

Legal Definition
The 2014 United States federal budget is the budget to fund government operations for the fiscal year (FY) 2014, which began on October 1, 2013 and ended on September 30, 2014. The original spending request was issued by President Barack Obama on April 10, 2013. The actual appropriations for fiscal year 2014 must be enacted by both houses of Congress before they can take effect, in accordance with the United States budget process.

The fiscal year 2014 United States budget exists only as several competing drafts; no official budget has been approved. President Obama submitted the FY2014 budget proposal on April 10, 2013, two months past the February 4 legal deadline due to negotiations over the United States fiscal cliff and implementation of the sequester cuts mandated by the Budget Control Act of 2011. The House of Representatives passed its proposal, H.Con.Res 25, prior to the submission of the President's budget proposal, as did the Senate (S.Con.Res 8). The House and Senate budget resolutions were not expected to be reconciled as a final budget. However, in early January 2014 the Consolidated Appropriations Act, 2014 (H.R. 3547; 113th Congress) was passed by Congress and signed by the president.

At the time the fiscal year 2014 budget was debated, budgeting issues were controversial. Government spending had recently been limited by an automatic sequestration process that resulted when Congress and President Obama failed to meet spending reduction targets set by the Budget Control Act of 2011. The House and Senate are currently controlled by different parties with different fiscal agendas.
-- Wikipedia