U.S. Senate approves 2008 budget.

PositionNational - United States - Brief article

The Senate approved a $2.9-trillion fiscal year 2008 budget proposal in March. The budget includes two years of additional relief from the alternative minimum tax.

The five-year balanced budget plan tries to force Congress to pay for the cost of extending tax cuts enacted in President Bush's first term.

Republicans say the prospect of finding more than $800 billion to offset these...

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