This is the day when Americans are supposed to find out how much the Obama administration wants to spend on the federal government in fiscal year 2015. Once again, they’ll be disappointed.
A 1921 law obliges the president to submit a budget request for the upcoming fiscal year by the first Monday in February. President Obama apparently doesn’t feel obliged to obey that law — he’s the only president since it passed to miss the deadline three years in a row. In fact, he’s only met the deadline once in his presidency, in 2010.
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