Friday, April 03, 2009

House And Senate Approve Budget

Late Thursday evening, the House and the Senate approved versions of the budget. The budget plans do not require Obama's signature, but the House and Senate will have to reconcile the two versions before they can move onto the next phase of the presidential agenda.

This evening, the House passed the FY 2010 Budget Resolution (H.Con.Res. 85) by a vote of 233-196. The 2010 Budget Resolution incorporates the four key priorities of the President’s budget. It makes strategic investments in education, health care reform, and energy independence that are necessary to restore our crumbling economy and put the country in a position to remain globally competitive. It also takes the needed steps to restore fiscal sustainability by cutting the deficit by nearly two-thirds by 2013. The budget provides the fiscal blueprint that will allow Congress to debate and adopt legislation that will reach these goals, but, by its nature, the Budget Resolution does not dictate the specifics of the legislation.

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Senate Roll Call 00154 02-Apr S.Con.Res. 13 On the Concurrent Resolution

Agreed to S. Con. Res. 13 as Amended; An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2010, revising the appropriate budgetary levels for fiscal year 2009, and setting forth the appropriate budgetary levels for fiscal years 2011 through 2014.

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