This assignment focuses on the Federal Budget, a critical law passed by Congress that dictates government spending. Students are tasked with creating a budget using the Debt Fixer website (or the Federal Balancing Act if the former is unavailable). The assignment requires students to make selections from various checkboxes on the Debt Fixer website to allocate funds across different areas like defense, education, healthcare, and taxes. The provided solution includes screenshots of the budget choices made, demonstrating how the student approached the task of balancing the federal budget and understanding the implications of various spending and revenue decisions. The assignment aims to illustrate the power of Congress over the 'Power of the Purse' and its influence on government activities.