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Again: Obama Misses Another Budget Deadline

clarityseeker2 Wrote: Feb 04, 2013 10:13 PM
No-------Dodd and Frank and Raines and other democrats (CRA was borne of Jimmy Carter and resurrected by Bill CLinton) set the environment for the bank failures. Greedy mortgage companies merely made an opportunity out of the incredibly myopic management of the democraps.

We've known this failure was forthcoming for some time, but it's still worth flagging for several reasons, which we'll get to momentarily.  First, the basics:

Monday marked the deadline set in law for President Obama to submit a budget, but he missed it — making this the fourth time in his five years in office that he's failed to submit the blueprint on time. That makes his record equal to the three previous presidents combined, who spanned 20 years in office. This year, Mr. Obama blamed the late passage of his tax increase deal early last month....