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US Congress presents budget plans | US Congress presents budget plans |
(10 minutes later) | |
The US Democratic-led Senate has passed plans designed to balance the budget by 2012, and which are 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. |
Mr Bush's $3 trillion (£1.5 trillion) budget plan would make some tax cuts permanent and curb domestic spending. | Mr Bush's $3 trillion (£1.5 trillion) budget plan would make some tax cuts permanent and curb domestic spending. |