TruthOut10
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- Dec 3, 2012
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WASHINGTON Senate Democrats released a budget resolution Wednesday for a 10-year fiscal vision that would trim the deficit and protect entitlement programs. It calls for more spending for roads and schools and for higher taxes on corporations and wealthy Americans to protect middle-class earners.
The budget the first one Senate Democrats have produced since 2009 stands in sharp contrast to the House Republicans' plan released Tuesday that calls for cuts in corporate and individual taxes and aims to balance the budget in 10 years, fundamentally overhaul Medicare and eliminate President Obama's health care law.
"The American people are going to have an opportunity to examine these budgets side by side," said Senate Budget Committee Chairwoman Patty Murray, D-Wash. "They are going to be able to decide which approach is best for our economy, best for jobs and best for the middle class."
The House and Senate are scheduled to vote on the competing budgets next week in their respective chambers. Both are likely to pass on party-line votes. "No question. We'll pass the budget," said Senate Majority Leader Harry Reid, D-Nev., this week.
Senate Democrats release first budget in four years
The budget the first one Senate Democrats have produced since 2009 stands in sharp contrast to the House Republicans' plan released Tuesday that calls for cuts in corporate and individual taxes and aims to balance the budget in 10 years, fundamentally overhaul Medicare and eliminate President Obama's health care law.
"The American people are going to have an opportunity to examine these budgets side by side," said Senate Budget Committee Chairwoman Patty Murray, D-Wash. "They are going to be able to decide which approach is best for our economy, best for jobs and best for the middle class."
The House and Senate are scheduled to vote on the competing budgets next week in their respective chambers. Both are likely to pass on party-line votes. "No question. We'll pass the budget," said Senate Majority Leader Harry Reid, D-Nev., this week.
Senate Democrats release first budget in four years