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

in National

U.S. Secret Service directior resigns

The White House seen from outside the north lawn fence in Washington

Julia Pierson has resigned amid security lapses at the White House.

in Sports, Viral Videos

John Oliver explains English soccer

20-overlay

The "Last Week Tonight" host explains the class system of English soccer to David Letterman.

in National

Rhode Island child with Enterovirus dies

cdc

A child hospitalized for less than 24 hours with Enterovirus D68 has died from the bacterial infection.

in National

U.S. experts hunt for Ebola exposure after first case

cdc

Experts are monitoring "a handful" of people potentially exposed through physical contact with the first patient diagnosed with the deadly virus in the U.S.

in Sports

Tiger Woods to open restaurant

tiger

Tiger Woods is trying out some new courses.