At the time of a presidential transition, one question commonly asked is whether the outgoing or incoming President submits the budget for the upcoming fiscal year. Under past practices, outgoing Presidents in transition years submitted a budget to Congress just prior to leaving office and incoming Presidents usually revised them. President George W. Bush has indicated that he will not submit a budget for FY2010, which is subject to a deadline of Monday, February 2, 2009. The Office of Management and Budget will prepare a current services baseline from which the incoming Administration can develop its budget proposals.
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Description
At the time of a presidential transition, one question commonly asked is whether the outgoing or incoming President submits the budget for the upcoming fiscal year. Under past practices, outgoing Presidents in transition years submitted a budget to Congress just prior to leaving office and incoming Presidents usually revised them. President George W. Bush has indicated that he will not submit a budget for FY2010, which is subject to a deadline of Monday, February 2, 2009. The Office of Management and Budget will prepare a current services baseline from which the incoming Administration can develop its budget proposals.
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Keith, Robert.Submission of the President's Budget in Transition Years,
report,
September 15, 2008;
Washington D.C..
(https://digital.library.unt.edu/ark:/67531/metacrs10559/:
accessed March 29, 2024),
University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.