Obama to Submit Budget 65 Days Late
President Obama will release his budget for fiscal year 2014 on April 10, the White House announced Thursday, more than two months after he was legally required to submit one.
This is the fourth time in five years Obama has missed the statutory deadline to submit a budget, which is more times than any president dating back to the Budget and Accounting Act of 1921.
Further, it’s the third year in a row Obama has failed to submit a budget on time; he is the only president to ever miss the legal deadline in consecutive years. This year’s budget will officially be 65 days late, which is still shy of the all-time record for longest delay. Obama’s first budget in 2009 was submitted 98 days after the legal deadline.