This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/7295788.stm

The article has changed 6 times. There is an RSS feed of changes available.

Version 0 Version 1
US Congress presents budget plans US Congress presents budget plans
(10 minutes later)
The US Democratic-led Senate approved plans designed to balance the budget by 2012, and which opposed President George W Bush's fiscal blueprint.The US Democratic-led Senate approved plans designed to balance the budget by 2012, and which opposed President George W Bush's fiscal blueprint.
The non-binding plan would allow tax cuts to end within three years and keep some programmes Mr Bush wants to trim.The non-binding plan would allow tax cuts to end within three years and keep some programmes Mr Bush wants to trim.
The Senate vote followed a similar move by the House of Representatives, but the two plans must still be reconciled.The Senate vote followed a similar move by the House of Representatives, but the two plans must still be reconciled.
The president's $3bn (£1.5bn) budget plan would make some tax cuts permanent and curb some domestic programmes. Mr Bush's $3 trillion (£1.5 trillion) budget plan would make some tax cuts permanent and curb domestic spending.