Fiscal 2014 budget delayed, OMB confirms, citing uncertainty

Fiscal 2014 budget delayed, OMB confirms, citing uncertainty

House Budget Committee Chairman Rep. Paul Ryan, R-Wis.

House Budget Committee Chairman Rep. Paul Ryan, R-Wis. J. Scott Applewhite/AP File Photo

Acting White House budget director Jeffrey Zients has confirmed that the Obama administration’s fiscal 2014 budget will be not be ready by the normal release date in early February.

In a newly released Jan. 11 letter responding to an inquiry from House Budget Committee Chairman Paul Ryan, R-Wis., Zients said the “considerable uncertainty” created by the “protracted fiscal cliff negotiations” means “the administration was forced to delay its fiscal 2014 budget preparations, which in turn will delay the budget’s submission to Congress.” Continue reading “Fiscal 2014 budget delayed, OMB confirms, citing uncertainty”