WASHINGTON, February 8--In today's White House press briefing, Press Secretary Jay Carney struggled to justify Majority Leader Harry Reid's announced decision to keep a Senate budget from coming to the floor this year (the third consecutive such year).
NOTE: To view Chairman Bernanke's comments at a Budget Committee hearing yesterday, please click here: http://youtu.be/jqmq_S1YcbQ. President Obama's budget will be submitted on Monday, February 13. Ranking Member Sessions has said (http://1.usa.gov/yUUwpS) that Senator Reid's announcement that his Senate majority will not allow a budget resolution to move forward for the third consecutive year effectively means they have declared Obama's budget "dead on arrival" and have "forfeited the high privilege to lead this chamber."