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U.S. Senate Passes A Budget For The First Time In Four Years

After an all night debate, the U.S. Senate passed a $3.7 trillion budget at 5am this morning.  With four Democrats joining all the Republicans in the upper house in voting no, the budget passed by one vote, 50-49.

The Seante’s spending plan, the first it has passed in four years, increases taxes by $1 trillion over the next decade, modestly reduces projected spending and plans for continued deficit spending.

New Jersey’s Frank Lautenberg, was the only senator not voting.  Lautenberg has been absent from the Senate, on doctors orders, for the entire month of March.

Posted: March 23rd, 2013 | Author: | Filed under: Frank Lautenberg, U.S. Senate | Tags: , , | 3 Comments »