White House delays updated budget data release: official

Reuters News
|
Posted: Jun 03, 2011 3:49 PM
White House delays updated budget data release: official

WASHINGTON (Reuters) - The White House will delay release of updated economic and budget projections until after a July 16 deadline because of "unique changes" to the budget calendar, an administration official said on Friday.

The White House's so-called midsession review includes revised estimates of the budget deficit as well as U.S. revenues and spending.

The official cited ongoing talks between lawmakers and the White House about long-term deficit reduction as one factor contributing to the review's later release.

"These delays have little practical effect," the official said. He said the report would come out "later in the summer." He declined to give a date.

(Reporting by Jeff Mason, Editing by Sandra Maler)