facebook
twitter
rss
account
search
search
 

WH: Obama to propose Fiscal 2015 budget one month late

Jan. 23, 2014 at 1:44 PM   |   Comments

| License Photo
WASHINGTON, Jan. 23 (UPI) -- The White House said U.S. President Barack Obama's fiscal 2015 budget proposal will be a month late because of congressional delays in passing a 2014 budget.

In a statement released Thursday, the Office of Management and Budget said the president's proposal, officially due the first Monday in February, will be ready by March 4, The Hill reported.

OMB spokesman Steve Posner said the White House needed to wait for Congress to pass a two-year budget in December and a 2014 spending bill this month.

"Now that Congress has finished its work on this year's appropriations, the administration is able to finalize next year's budget," Posner said. "We are moving to complete the budget as quickly as possible to help Congress return to regular order in the annual budget process."

Obama -- who has delivered a budget proposal on deadline once since taking office in 2009 -- delivered his budget last year on April 8, with the White House blaming the delay on Congress for waiting until January to resolve the fight over avoiding the so-called fiscal cliff, The Hill said.

The 2015 budget limits discretionary funding to $1.014 trillion under terms of the two-year budget deal passed in December.

© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Six Flags fight leaves boy critically injured, may have been organized on Twitter Six Flags fight leaves boy critically injured, may have been organized on Twitter
2
Mayor of LA suburb shot, killed inside home Mayor of LA suburb shot, killed inside home
3
Jury in 'loud music' retrial to get case Wednesday morning Jury in 'loud music' retrial to get case Wednesday morning
4
Kiev slams Russia for bringing criminal complaints against Ukraine's armed forces Kiev slams Russia for bringing criminal complaints against Ukraine's armed forces
5
Wisc. reporter told 'not to speak to crowd' at Michelle Obama event Wisc. reporter told 'not to speak to crowd' at Michelle Obama event
Trending News
x
Feedback