Obama misses budget deadline for the fourth time in five years

The White House is legally required to submit a budget to Congress on the first Monday in February of every year — which evidently means little-to-nothing to the auspicious Obama administration. The White House already warned the House Budget Committee that, yeah, they probably weren’t going to be able to get that done on time… and, lo and behold, they are indeed going to fail to submit a budget by the prescribed deadline, for the fourth time in five years.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • http://Sayanythingblog.com The Whistler

    The wonder of it is that Dumbama actually made it once.

  • ND in MD

    You can’t blame this on Obama he was just sworn in on January 20th and has been busy cleaning up the mess left by the guy who was there the last four years… Oh wait….never mind.

    • Lianne

      Now that is funny!

  • $8194357

    Politicians are fool tools for the progressive internationalist debt ponzi bankers for 100 years now and they still want more from us dhimmi taxpayer mules…

    Heck they want it ALL..

    http://www.humanevents.com/2013/02/03/one-hundred-years-of-the-income-tax/

    Sunday, February 3, is the 100th anniversary of the ratification of the Sixteenth Amendment, which makes it the one hundredth birthday of the income tax. It has grown rather ill-tempered in its dotage.

    Americans for Tax Reform commemorated the occasion by publishing a few fun facts about the income tax. Among other interesting statistics, the initial top tax bracket was only 7 percent, and it didn’t kick in until income reached a whopping $11.6 million in 2013 dollars. Only 358,000 people had to fill out 1040 forms at first, because the standard family deduction was an adjusted $93,000.

    Over the past hundred years, the tax code has swelled from 400 pages to almost 74,000. The top rate is 39.6 percent; add in state and local taxes, and you’ve got the government soaking up over half of every marginal dollar earned by the Evil Rich. And the top bracket crashes down on those who earn over $450k, which is the new functional definition of a “millionaire.” Every new tax – from the income tax itself, to the Alternative Minimum Tax and its prospective stepchild, the “Buffett Rule” – is sold as a small levy on the vast wealth of millionaires. The AMT was only supposed to affect a couple of hundred people when it was implemented in 1969, but now it’s on the verge of grabbing 50 million taxpayers, if it’s not “fixed.” In the early years of the income tax, Americans were likewise assured that it would only slip a few dollars from the bulging wallets of the wealthy.

    Allowing the government to sink its feeding tubes into the veins of American income has fueled astonishing government growth. That first itty bitty tax levy brought in a paltry $16.6 billion in revenue, adjusted for the past century of inflation. Today the income tax brings in $2.7 trillion. Government inevitably grows to fill, and exceed, the space made available for it.

  • http://nofreelunch.areavoices.com/ Kevin Flanagan

    It’s Gaylord Conrad’s fault.

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