February 2017 - What is in the budget, Mr. President?

The Budget and Accounting Act of 1921 requires the president of the United States to submit a budget to the U.S. Congress for each fiscal year. The law goes so far as to provide a deadline for the submission: It requires that “on or after the first Monday in January but not later than the first Monday in February of each year, the President shall submit a budget of the United States Government for the following fiscal year.” Read more here.