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The White House issued a veto threat on the

The White House issued a veto threat on the Financial Services and General Government Appropriations Act of 2013 (HR-6020). The threat came in an OMB statement released last week (http://xrl.us/bndbji). In particular the White House said it did not approve…

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of the bill’s proposed 5 percent cut in FCC funding. “Funding for FCC is budget neutral and without the proper amount of resources the agency would find it increasingly difficult to manage its responsibilities, such as supporting the build-out of public safety communications networks, overseeing mergers and spectrum transactions, and reforming the Universal Service Fund,” the statement said.