Washington, D.C. - The U.S. Senate passed today by a vote of 53-47 a House-Senate compromise on the federal budget.
U.S. Senator Mike Enzi, R-Wyo., who voted in favor of the budget conference report , said that it would provide reasonable tax cuts for taxpayers while reducing the national debt and holding government spending increases to a minimum.
The budget provides for a tax cut of $1.35 trillion over the next 11 years and a 4.98 percent increase in spending from fiscal 2001 to 2002. It is close to President Bush's original proposal of a 4 percent increase.
The House passed the budget yesterday by a vote of 221-207.
The budget is a spending guide that gives a broad figure of how much could be spent in general areas. Specific spending levels will be determined in the appropriations process later this year.
A more detailed budget release was distributed yesterday. It can also be accessed by visiting Enzi's website at www.enzi.senate.gov.
The Senate now returns to consideration of S.1, the Better Education for Students and Teachers Act.