News

White House to release fiscal ’15 budget in March

White House to release fiscal ’15 budget in March

BUDGET: U.S. Vice President Joe Biden listens as President Barack Obama speaks during an event for the Council on Women and Girls at the White House in Washington Jan. 22. Photo: Reuters/Kevin Lamarque

WASHINGTON (Reuters) – The White House will release President Barack Obama’s budget for fiscal year 2015 on March 4, a spokesman for the Office of Management and Budget said on Thursday.

“Now that Congress has finished its work on this year’s appropriations, the administration is able to finalize next year’s budget,” spokesman Steve Posner said in a statement.

“We are moving to complete the budget as quickly as possible to help Congress return to regular order in the annual budget process.”

The U.S. Senate approved a $1.1 trillion spending bill last week that ends the threat of another broad shutdown of government agencies this fiscal year.

It funds government programs through the Sept. 30 fiscal year-end.

Obama delivers his State of the Union address on Tuesday. Many of the programs and policy priorities he highlights in that speech are likely to show up in the administration’s budget blueprint.

(Reporting by Jeff Mason; Editing by Sandra Maler)

Recent Headlines

in Local

Onward Yankton Big Idea Search Nears End

IMG_0565

The Onward Yankton group is now in the process of reviewing the final six proposals in the search for the “next big idea.”

in Local

Mid America Economic Index Slumps

money pile

The Creighton University Mid-America Business Conditions Index for August, a leading economic indicator for a nine-state region stretching from Arkansas to North Dakota, slumped for the month.

in Local

Repairs on Gavins Point Dam Nearing Completion

Gavins Point Dam repairs 91114

Final repair work on Gavins Point Dam from flooding in 2011 should wrap up later this month.

in Local

SD Retirement Laws Committee To Meet

Bernie Hunhoff

The Retirement Laws Committee of the South Dakota Legislature meets tomorrow (Wednesday) in Sioux Falls.

in Local

Trade Mission Returns From South America

cattle on pasture

A delegation of Iowa corn growers and livestock producers just returned from a trade trip to South America.