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Summary of President’s FY14 Budget Request

Yesterday, President Obama released his FY14 budget request — nearly two months later than required by law. Much of the delay was blamed on the sequester and the prolonged FY13 appropriations process that resulted in a year-long continuing resolution (CR). In a typical year, the President’s Budget Request (PBR) kicks off the annual appropriations season, but with the delays, Congress has moved forward with their own budget proposals. This leaves us with three very different budget proposals with which to base the annual appropriations process. In other words, the process is once again sure to be a mess come later this fall. Our April Federal Update reviews the PBR and highlights those agencies and programs that we care about the most. You can also access the PBR and all the supporting documents at: http://www.whitehouse.gov/omb/budget.