White House Delays Release of 2013 Budget

6:54 AM, Jan 24, 2012   |    comments
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WASHINGTON (AP) - The White House says it is delaying by a week release of President Barack Obama's budget for the 2013 fiscal year that starts Oct. 1.

The budget is traditionally released on the first Monday in February - which is Feb. 6. The administration has pushed the release to Feb. 13.

After last year's failed attempts at budget deals, election-year expectations are low that Obama and Congress will be able to make progress this year on deficits that required the government to borrow 36 cents of every dollar it spent last year.

Capitol Hill Republicans were quick to criticize the White House delay, saying it shows the White House isn't serious about tackling the deficit.

 

 

 

 

 

 

 

 

 

First Coast News