With all of the attention on the BP oil spill, the European debt crisis and even financial regulatory reform, the fact that Congress hasn’t passed (and will likely not pass) a federal budget for fiscal year 2011 is flying under the radar.
To quote the words of the House Majority Leader, “The most basic responsibility of governing — enacting a budget.”
So what has Congress been so busy doing that they can’t find the time to pass a budget?
Courtesy of Bankrupting America.