Quote:
Originally Posted by Dvae
I did not think you of all people would get this wrong.
Obamas 2012 Budget
From Wikipedia:
The President, according to the Budget and Accounting Act of 1921, must submit a budget to Congress each year. In its current form, federal budget legislation law (31 U.S.C. 1105(a)) specifies that the President submit a budget between the first Monday in January and the first Monday in February. In recent times, the President's budget submission, entitled Budget of the U.S. Government, has been issued in the first week of February. Thus, President George W. Bush submitted the FY2007 budget in February 2006. The President's budget submission, along with supporting documents and historical budget data, can be found at the Office of Management and Budget's (OMB) website. The President's budget contains detailed information on spending and revenue proposals, along with policy proposals and initiatives with significant budgetary implications. |
Interesting info... learn something new every day. I always took the Presidents as a proposal, not a real budget.
I am pretty sure though the Constitution some place says; any act/bill, etc raising revenue must originate in the House of Reps, which normally does the budget, because of that. After that Congress passes the actual budget, then it must be authorized to give out the money, by them again, then it's ready go. So I took that as Congress doing the budget.....
Does this mean Obama actually did submit a budget, and it was rejected?