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White House to Release Budget March 4th

The White House announced today that it will release the Administration’s FY 2015 budget proposal on March 4.

The Administration had been waiting on Congress to finalize FY 2014 appropriations before having the Office of Management and Budget move fully ahead with the Administration’s FY2015 Budget proposal. With House and Senate finalizing FY 2014 with the Omnibus Appropriations bill earlier in January, the Administration announced when they expect FY2015 to be public. March 4th is a month after the February 3 legally required deadline, where the budget must be presented to Congress between the first Monday in January an the first Monday in February.