Transcript: White House official on why the administration’s FY2014 budget was delayed

Edited by Jenny Jiang

Partial transcript of remarks by a White House official on why the administration’s FY2014 budget was delayed. The press briefing was held on April 10, 2013.

Question:
There’s not a lot of new stuff in here and as you’ve said it relies – it’s based on a forecast from November. Could you help explain why this is so late? Why did this take so long to come out?

Jeffrey Zients, Acting Director of the Office of Management and Budget (OMB):
The prime budget season for OMB is November, December. And given what was going on with the fiscal cliff negotiations, we needed to put much of it on hold to understand what was going to happen in the fiscal cliff negotiations.

Coming out of that, obviously, there was a deal struck to extend the middle-class tax cuts, to increase taxes for families above $450,000, there were changes in the discretionary caps for 2013 and 2014. So those had major impacts on the budget process. We lost that couple of months period of time. We ramped back up. We had complexity around the sequester. The sequester kicking in unfortunately on March 1. So given those delays primarily driven by fiscal cliff negotiation, made worse by the sequester, the budget was delayed. We’re happy to be rolling it out today.

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