Where is their penalty for not making the APril 15th Deadline?

By law, both the House and the Senate are required to prepare, mark up, amend and pass a budget resolution by April 15. Last year neither body (both then under Democratic control) complied with the law. This year, the Republican House passed its budget resolution on April 15, but the Democrat-controlled Senate is still in default.

It now appears that Senate Budget Chairman Kent Conrad has a proposed budget in hand; he has briefed Democratic members of the Budget Committee on its contents. But he is keeping the Democrat budget secret from both the public and from Republicans on his committee.