Back in January, however, the White House's Office of Management and Budget (OMB) announced it would delay the scheduled Feb. 4 release of the president’s fiscal year 2014 budget request until early March or later, and it is now expected to be released the week of April 8 – so late it will set a presidential record.

On July 31 Senate Majority Leader Harry Reid (D-NV) and House Speaker John Boehner (R-OH) announced that they had reached an agreement on a temporary spending bill – known as a “continuing resolution” (CR) – that will fund government operations for six months starting when the new fiscal year begins ...

With the end of the current fiscal year rapidly approaching, what many Washington watchers have long predicted appears to be true – Congress will not act on next year’s budget by the October 1 deadline.“But wait,” you’re saying, “October is a long way from now. How can you be sure?”

Bob from Vacaville, California, wrote in to ask us for some fact checking. He said he hears all the time that the size of the federal government has ballooned under President Obama, and wondered if that could be true given all of the budget cuts.

The House and Senate return this week from their spring recess with the seeds of a summer budget stalemate already planted.As required by law, in February President Obama released the Administration’s budget request for fiscal year 2013 (which begins on Oct. 1). Although just a proposal, the annual request serves ...

Rebecca from Lititz, Pennsylvania, asked: Why are there different versions of the budget, and who decides which one becomes the actual budget for the federal government? It’s a good question. You might have read in the news recently about the House budget introduced by Rep. Paul Ryan. And back in ...