SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : How Much Is The National Debt Today?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dawgfan2000 who wrote (16)4/1/2004 9:24:02 AM
From: ~digs  Read Replies (2) of 110
 
Senate approves $2.36 trillion budget resolution

WASHINGTON, March 12 (UPI) -- Senate Republicans pushed a $2.36 trillion 2005 budget resolution through to passage early Friday on largely partisan lines.

The measure provides for lower spending and tax cuts than requested by the White House but still meets many of the funding goals of the Bush administration

GOP leaders were successful in their effort to keep military spending intact as deficit hawks moved to cut billions of dollars from the Pentagon's budget request.

Senate Democrats failed to gain approval Thursday on a series of amendments to increase spending on homeland security, education and veterans programs by closing some corporate tax loopholes and increasing taxes on the wealthy.

Nevertheless, the Senate did include a Democrat-backed provision that would require appropriators to pay for all new tax and spending initiatives in the final budget.

Critics of the spending plan say despite the lower funding, the measure would not result in the kinds of deficit savings proponents claim, increasing deficits instead.

The House is scheduled to take up its own budget resolution next week and will also consider less extensive pay-as-you-go regulations.

washingtontimes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News