Welcome to Fiscal Year 2012...such as it is.
On each Sept. 30, the nation wraps up its old budget, and on Oct. 1, it starts a fresh spending cycle. Or at least, that's what is supposed to happen.
But once again, Oct. 1 has come and gone, and the country still has no formal budget in place. Instead, Congress last week approved a stopgap funding bill to keep the government operating temporarily, just as it has done time and again since the 1970s.