WASHINGTON (AP) — Senate Democrats have pushed a budget through committee that calls for roughly $1 trillion in new tax revenues over the coming decade and increases spending slightly over current projections.
|The vote in the budget committee Thursday night was 12-10 along party lines. The blueprint is expected to be on the Senate floor for a vote next week.
|The plan written by Budget Committee Chairwoman Patty Murray of Washington state reduces deficits for the next three years before red ink is projected to begin rising again.
|The measure contrasts sharply with a plan pushed by House Republicans that contains no tax increases, relying solely on cuts to balance the budget in a decade.
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