Democrats Promise Budget Surpluses

By: AP Email
By: AP Email

Capitol Hill (AP) The house budget committee has approved a 3-trillion-dollar budget plan for 2009.

The democratic blueprint passed on a party line vote early Thursday. It would produce sizable surpluses by 2012 by allowing President Bush's tax cuts to expire as scheduled.

It would also award greater-than-inflation increases to domestic programs. That immediately earned a promise from the White House that Bush would veto spending hikes that show up in agency budgets.

The Senate Budget Committee plans a vote Thursday on a largely similar plan.

Bush claimed victory in last year's budget standoff with Congress and is eager to bring lawmakers to heel again. As a result, democrats are signaling they do not intend to send him many spending bills this year. They prefer to deal with his successor, who they hope will be a democrat, after Bush leaves office next January.


KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 16331696