- January 30, 2013
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The White House likely won’t be finished preparing its fiscal 2014 budget request until March, putting its release four or more weeks behind schedule. “Passbacks” — the point at which the Office of Management and Budget (OMB) submits drafts of the proposed budget to agencies ahead of one or more rounds of negotiations — only began this week. They usually occur in late November. As a result, officials probably will need until March to complete the budget, reported CQ News. On Tuesday a DOD official said the draft budget it received from OMB was incomplete, leaving a number of outstanding issued to be addressed. The White House is supposed to submit the annual budget to Congress by the first Monday in February, which is Feb. 4 this year.