Saturday, September 8, 2012

White House to miss deadline for report on 'fiscal cliff' budget cuts

The White House on Friday said it will miss the legal deadline for delivering a report to Congress on the spending cuts from sequestration that are scheduled to take effect in 2013.

Spokesman Jay Carney told reporters on Air Force One that the report will be coming next week.

Under the terms of the Sequestration Transparency Act signed in August, President Obama was to tell Congress by Friday how the administration plans to implement the $109 billion in automatic cuts mandated by the Budget Control Act.

The Office of Management and Budget has repeatedly failed to make legal deadlines. It delivered its presidential budget proposals and mid-session updates late both this year and last year.

Republicans have tried to tie the tardiness to the failure of the Senate to pass a budget resolution for the last three years. Read more........

2 comments:

  1. Living like #$!%& off us and the .40 cents borrowed for each dollar spent that is. I don't want to insult maggots, they serve a purpose in God's creation. These Washington critters are out of this world.

    ReplyDelete
  2. For a guy that never misses a tee time it is amazing everything else is late. He'll have plenty of time to golf once an adult is elected in November.

    ReplyDelete

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