Crossword Genius

Managing The Budget domestically with the Government refusing to hand over power presumably? (12)

Ross

I believe the answer is:

housekeeping

I'm a little stuck... Click here to teach me more about this clue!

'managing' is the definition.
The definition and answer can be both acts as well as being singular nouns.
Maybe you can see an association between them that I can't see?

'the budget domestically with the government refusing to hand over power presumably?' is the wordplay.
I cannot really understand how this works, but
'government' could be 'us' (U.S. is an example) and 'us' is present in the answer.
'over' could be 'o' (cricket abbreviation) and 'o' is found within the answer.
'power' could be 'ke' (K.E. is an example) and 'ke' is found in the answer.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for housekeeping that I've seen before include "Living expenses" , "Money set aside for running a home" , "Shopper's money" , "Money set aside for domestic costs" , "Domestic work" .)

I've seen this clue in the Irish Times.
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