The body of the federal government that has the power to create new laws concerning government funding is:
B. The House of Representatives
Here's why:
1. The House of Representatives is one of the two chambers of the United States Congress, along with the Senate.
2. The power to initiate revenue-related bills, including those related to government funding, lies with the House of Representatives according to the U.S. Constitution.
3. The House of Representatives plays a crucial role in the federal budget process, as they have the authority to introduce, debate, and pass legislation regarding government spending and funding allocations.
Therefore, the House of Representatives is the correct answer as it holds the primary responsibility for creating new laws related to government funding in the United States.