News

White House to release fiscal ’15 budget in March

White House to release fiscal ’15 budget in March

BUDGET: U.S. Vice President Joe Biden listens as President Barack Obama speaks during an event for the Council on Women and Girls at the White House in Washington Jan. 22. Photo: Reuters/Kevin Lamarque

WASHINGTON (Reuters) – The White House will release President Barack Obama’s budget for fiscal year 2015 on March 4, a spokesman for the Office of Management and Budget said on Thursday.

“Now that Congress has finished its work on this year’s appropriations, the administration is able to finalize next year’s budget,” spokesman Steve Posner said in a statement.

“We are moving to complete the budget as quickly as possible to help Congress return to regular order in the annual budget process.”

The U.S. Senate approved a $1.1 trillion spending bill last week that ends the threat of another broad shutdown of government agencies this fiscal year.

It funds government programs through the Sept. 30 fiscal year-end.

Obama delivers his State of the Union address on Tuesday. Many of the programs and policy priorities he highlights in that speech are likely to show up in the administration’s budget blueprint.

(Reporting by Jeff Mason; Editing by Sandra Maler)

Recent Headlines

today in Viral Videos

It’s not Pitbull, it’s Amy Poehler

amy

Do you think she fooled anyone?

today in Entertainment

Oscar-winner Lupita Nyong’o named ‘most beautiful’

people

The actress was named as the world's most beautiful woman for 2014 by "People" magazine.

today in Lifestyle

Travel through time on Google maps

google

Google is now offering trips down memory lane on its digital maps.

today in Entertainment

‘Peeps’ coming to a big screen in marshmallow movie

peeps

The film focuses on the sugary confections as they prepare to be judged at the annual Peeps diorama contest.

today in Trending, Viral Videos

TODAY’S MUST SEE: Brian Williams raps ‘Gin & Juice’

birna

After he leaves the "NBC Nightly News," Brian Williams might have a future in music.