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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-27-09 11:33 PM
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Democrats announce agreement on budget pact
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Source: Associated Press

WASHINGTON Congressional Democrats sealed an agreement Monday night on a budget plan that would help President Barack Obama overhaul the health care system but allows his signature tax cut for most workers to expire after next year.

Senate Budget Committee Chairman Kent Conrad, D-N.D., announced the agreement and key details in a statement.

Most importantly, the congressional budget plan would prevent Senate Republicans from delaying or blocking Obama's plan to vastly expand government-subsidized health care when it advances this fall.

The $3.5 trillion plan for the budget year starting Oct. 1 embraces several of Obama's key goals besides health care reform, including funds for domestic programs and clean energy, and a tax increase for individuals making more than $200,000 a year or couples making more than $250,000.



Read more: http://news.yahoo.com/s/ap/20090428/ap_on_go_co/us_cong... ;_ylt=AoVzA9RJ1M5ukSQwydR3UT.yFz4D
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