What is a revenue bill?

A revenue bill is a proposed legislation that aims to generate funds or income for the government. It is usually introduced by the House of Representatives and must be passed by both houses of Congress before it can become a law. Examples of revenue bills include tax laws, customs duties, tariffs, and levies. These bills are important because they help fund government programs and services, such as education, healthcare, infrastructure, and national security. Revenue bills can also have a significant impact on the economy and individuals, as they can affect the amount of taxes paid and the prices of various goods and services.