At the end of 2012 tax cuts brought in by the George W Bush administration are due to expire and $1.2 trillion £770bnn) in automatic spending cuts will take effect.
The administration is due to make its decision early next year and many believe that Obama will approve the pipeline.
A brief from the Obama administration is due at the end of March, and it will have to decide whether it wishes to take a different approach.
At the end of August, John P. Lipsky, the first deputy managing director, who was named to the job by the Bush administration, is due to step down.
Top of this list comes the issue of arms sales to Taiwan, on which the administration is due to decide later this month.
In defending the increase in central administration spending last year, Beverly Donohue, the board's budget director, said that the biggest increase in central administration was due to Chancellor Harold O. Levy's efforts to recruit qualified new teachers through programs like the Teaching Fellows.
On August 20 , 2012 the day that the transitional administration was due to expire, the lower house of a new federal parliament was sworn in; the next month, that body elected a new president for the country.
Small wonder then that the Obama team chose August 25th to renominate Ben Bernanke for a second term at the Fed the same day the administration was due to release its updated budget figures.
Seward's power within Lincoln's administration was due to that rare confluence of ability, reputation and philosophical and personal intimacy with the president -- hallmarks of the most effective cabinet members and qualities Mr. Rumsfeld appears to possess, if one considers his relationship with Vice President Cheney.
But there is no doubt that Mr Gore has been forced to adjust his definitions of "prudence" in the light of the new budget numbers.Early next week, the administration is due to publish its updated ten-year budget projections; the Congressional Budget Office, Congress's fiscal watchdog, is set to produce its numbers shortly thereafter.
The Obama administration is due to unveil plans to tighten gun laws, after President Barack Obama tasked his deputy, Joe Biden, with establishing a set of "concrete proposals".
