Republicans in the House have introduced legislation that would hold the president’s pay in escrow in the event that he fails to submit a budget in a timely manner.
The bill is sponsored by Rep. Larry Bucshon (R-IN) and is co-sponsored by Reps. Dan Benishek (R-MI), Mark Meadows (R-NC), Mick Mulvaney (R-SC), and Lynn Westmoreland (R-GA).
The proposed legislation is similar to the concept of the No Budget, No Pay act signed into law earlier this year. That legislation says that if either body of Congress fails to pass a budget by April 15, members of that body have their pay held in escrow until one gets passed.
The deadline for the president to propose a budget to Congress is the first Monday in February, so if this legislation were to be enacted, the president’s pay would be held in escrow starting on that date if he fails to submit a budget on time.
The administration has said it will submit the 2014 budget proposal in early April this year, missing the deadline by almost two months.
