Monday, September 13, 2010

New Year, No Federal Budget

NEW YORK (CNNMoney.com) -- On Oct. 1, just three weeks after lawmakers return from their summer break on Tuesday, fiscal year 2011 will begin. But Congress will not have a new budget in place by then. And it may not materialize anytime soon.

It won't be the first time. In fact, tardy federal budgets have been par for the course for most of the past 35 years.

No comments:

Post a Comment