White House delays updated budget data release | Reuters: "(Reuters) - The White House will delay release of updated economic and budget projections until after a July 16 deadline because of ongoing deficit talks and other factors, an administration official said on Friday.
The White House's so-called mid-session review includes revised estimates of the budget deficit as well as U.S. revenues and spending.
Unique changes to the budget calendar prompted the delay, the official said, citing the fact that Congress used short-term spending bills for months until it finally agreed on a budget for fiscal 2011 halfway through the year.
'This has not been a normal year in terms of budgeting and appropriations,' the official said."
Saturday, June 4, 2011
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