Obama to release budget outline on Apr. 10
WASHINGTON The White House says President Barack Obama will release his federal budget outline on April 10 - two months late.
Under the law, the president was supposed to submit a budget on Feb. 4. But White House aides said deliberations over spending in the past few months delayed the release of Obama's blueprint.
The Republican-controlled House and Democratic-controlled Senate have passed rival budgets in the past week.
- The budget battle: What the heck is going on in D.C.?
- What's in the Republicans' budget plan?
- Senate OKs first budget in 4 years in pre-dawn vote
The Senate budget embraces nearly $1 trillion in tax increases over the coming decade and shelters the domestic programs House Republicans want to cut. The GOP version would balance the budget over the next decade without raising taxes.