Friday, April 18th10.4°C
21104
21135

Obama to release 2015 budget March 4; 1 month late due to late action of 2014 appropriations

WASHINGTON - The White House says that President Barack Obama's budget for next year will be released on March 4, about one month behind schedule.

Budget office spokesman Steve Posner says the release will be late because Congress was late to finish up an omnibus spending bill for the current fiscal year. He said that action means the administration can now wrap up work on its budget tome.

Lawmakers in both House and Senate hope that a budget deal last month will bring a semblance of order to the annual appropriations process, but that may be a tall order in an election year.

The annual budget lays out the administration's wish list. Republicans controlling the House mostly ignore its major recommendations, which include a tax increase on corporations and wealthier individuals.

The Canadian Press


Read more Business News

20304


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.9067-0.0017
Gold1293.80-9.2999
Oil104.59+0.83
Lumber326.10-2.70
Natural Gas4.735+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 
19691


20304

FEATURED Property
17228157222 Edgewater Place
2 bedrooms 3 baths
$748,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...

_



21637

21604


Member of BC Press Council


21202