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Congressional News

Congress Approves $2.9 Trillion Budget

Thursday, May 17, 2007 5:58:53 PM
By ANDREW TAYLOR

WASHINGTON (AP) - Majority Democrats passed an important test Thursday with approval of a $2.9 trillion budget plan that promises big spending increases for party priorities such as education and health care.

The budget blueprint sets a course to produce a small surplus in five years by assuming that many of President Bush's tax cuts would expire. Putting the budget framework in place also sets up veto confrontations with Bush over increases for domestic programs.

The nonbinding measure for the budget year that begins Oct. 1 does not go to Bush for his signature or veto. Rather, it sets parameters for Congress to follow when writing tax and spending legislation later this year.


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