US Congress approves Obama’s 2010 budget outline

April 30th, 2009 - 10:14 am ICT by IANS  

Barack Obama Washington, April 30 (DPA) The US Congress Wednesday approved President Barack Obama’s $3.56-billion budget prescriptions for 2010 along strictly party lines.
The Senate voted 53-43 and the House of Representative 233-193 for the non-binding resolution, which sets out the framework for Congress to consider Obama’s legislative priorities, including tax cuts for the middle class and an expansion of social spending in health care, energy and education.

No members of the minority Republican Party approved the budget and some conservative Democrats also opposed the bill over concerns that it raises the deficit to dangerously high levels.

Obama, who celebrated his 100th day in office Wednesday, welcomed the budget’s approval, which he said would “serve as an economic blueprint for this nation’s future”.

“This budget builds on the steps we’ve taken over the last 100 days to move this economy from recession to recovery and ultimately to prosperity,” Obama said at a White House press conference Wednesday night.

Related Stories

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in Business |