Senate Presents Budget Plan Within Bush’s Spending Limit
March 5, 2008
Yesterday, Senate Democrats presented their budget, which “would inject billions of additional dollars into such domestic priorities as education, energy and transportation, while providing $35 billion for a second round of government spending aimed at stimulating a weak economy.”
The budget includes $3.5 billion for new energy programs, “the biggest increase in 30 years,” and $13.4 billion in energy tax cuts. It also features an additional $5.7 billion over the President’s request for education programs.
Senate Budget Committee Chairman Kent Conrad (D-ND) said the budget plan “would result in a balanced budget by 2012…and it matches Mr. Bush’s request for $2.9 trillion over five years for war and defense spending.” Bush has threatened to veto any bill exceeding his own spending budget requests, prompting “some Democrats to say they may wait for a new president to take office” before finishing appropriations allocations.
This material was created for the Progress Report, the daily e-mail publication of the Center for American Progress Action Fund.
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