U.S. Senate narrowly passes first budget in four years

Wow, seems like America is starting to get going again!!

U.S. Senate narrowly passes first budget in four years

Reuters by David Lawder on March 23, 2013

WASHINGTON (Reuters) – The Senate on Saturday narrowly passed its first federal budget in four years, a move that will usher in a relative lull in Washington’s fiscal wars until an anticipated summer showdown over raising the debt ceiling.

The budget plan passed 50-49 at about 5 a.m. after a marathon voting session in the Democratic-controlled chamber. Four Democratic senators facing tough re-election campaigns in 2014 joined all the Senate Republicans in opposing the measure, which seeks to raise nearly $1 trillion in new tax revenues by closing some tax breaks for the wealthy.

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