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Will Buckwheat Ask For Budget This Year?

Mike

Well-known member
House Budget Committee Chairman Paul Ryan (R-Wis.) on Wednesday asked the White House if it will once again miss the legal deadline for submitting an annual budget to Congress.
Under the law, Obama must submit a budget by the first Monday in February, but he has met the deadline only once. The annual budget submission is supposed to start a congressional budgeting process, but that has also broken down. The Senate last passed a budget resolution in 2009.
“Given the critical importance of addressing our nation's fiscal problems, I am writing to ask whether the President will submit his budget request this year on or before February 4 as required by law,” Ryan wrote in a letter to Acting Budget Director Jeff Zients. “If the Administration does not plan to meet the statutory deadline, when do you anticipate the request being made?”

An administration source said this month that “no decisions” had been made on budget timing this year.
Congress and the White House struck a budget deal on New Year’s Eve that raised taxes over 10 years and delayed a 2013 budget sequester this year by two months. The "fiscal cliff" deal has thrown a wrench into the annual budget process, sources have said, making a delay likely.


The budget will likely play a role in an upcoming fight over raising the nation's $16.4 trillion debt ceiling. Republicans are demanding Obama propose big cuts to entitlements to offset any increase in the ceiling. Failure to raise the ceiling will cause a debt default.


Read more: http://thehill.com/blogs/on-the-money/budget/276397-ryan-asks-white-house-if-it-will-miss-budget-deadline-again#ixzz2Havd8gAz
 

Tam

Well-known member
The question is if Obama meets the deadline will anyone vote to support it. Nobody has is the past and I doubt they will this time either.
 
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