Senate, House approve fiscal 2009 budget plans

by Dave Keating | March 14, 2008 at 12:02 am
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WASHINGTON (Reuters) - The U.S. Senate passed a budget plan on Friday to eliminate the federal deficit by 2012 while spending more than President George W. Bush wants on domestic programs like schools and roads.

After a 15-hour debate that began on Thursday, the Senate voted 51-44 mostly along party lines to approve a nonbinding $3 trillion Democratic budget blueprint for the year beginning October 1.

Before passing the measure, senators easily rejected a one-year ban on controversial spending projects, known as earmarks, that benefit specific cities or towns.

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