US Congress Working On A Budget 21 Mar 13

For the first time in three years, Democrats in the US Senate have moved a budget out of committee. The Senate spending plan avoids deep cuts, raises taxes on the wealthy, and does not balance the budget, hoping for economic growth to close the gap.  Minnesota US Senator Al Franken says the budget will likely come up for a full Senate vote this week.  He says it strikes a balance between making sure we keep the deficit under control and making critical investments that will create jobs and prosperity.  House Republicans also passed a budget out of committee, with cuts to entitlement spending and a balanced budget over ten years.