The Congressional Budget Act (CBA) of 1974 specifies that Congress must complete its annual budget resolution by April 15th – the same day Americans must pay taxes.  If Congress fails to pass a budget resolution, legislation that affects budgetary matters cannot be considered (unless the rules are waved). After May 15, the House is free to consider appropriations bills without a waiver, even absent a budget resolution.

(READ THE ENTIRE ARTICLE HERE — AT BANKRUPTINGAMERICA.COM)

Looks like our representatives are not going to pass a budget this year…

House Majority Leader – “No Budget This Year”

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