If it were a party, a round of golf or a game of hoops, Obama would be on time.
(Reuters) – President Barack Obama, who has pledged to tackle long-term U.S. debt and deficit challenges, will delay the delivery of his fiscal year 2012 budget by about a week until after February 14.
I’ll go out on a limb and predict another $1 trillion plus spending budget.
An administration official said on Monday the delay was due to the long time it took for the U.S. Senate to confirm Jack Lew as Obama’s new budget director, and because funding decisions for 2011 went so late into the year.
The Democratic president nominated Lew in July but the appointment was held up in the Senate by Mary Landrieu, a member of Obama’s own party, to protest the administration’s ban on offshore oil drilling imposed after the BP oil spill in the Gulf of Mexico. That ban was lifted in October and Lew was confirmed on November 18.
So Democrats held this up? Damn obstructionists.
Republicans and Democrats fought over legislation to keep funding the government until the final days of the last congressional session, and a massive so-called omnibus funding bill was abandoned shortly before Christmas in favor of a compromise bill to keep the government running until early March.
Republicans, who take control of the U.S. House of Representatives in January and increase their votes in the Senate, plan to push for spending cuts.