Congress Adopts Obama Budget

Summary


WASHINGTON -- Democrats in Congress capped President Barack Obama's 100th day in office by advancing a $3.4 trillion federal budget for next year -- a third of it borrowed -- that prevents Republicans from blocking his proposed trillion-dollar expansion of government-provided health care over the next decade.

Wednesday's House and Senate votes to adopt the nonbinding budget blueprint were only a first step toward Obama's goal of providing health-care coverage for all Americans. The budget plan for the fiscal year that begins Oct. 1 sets the parameters for subsequent tax and spending bills expected to boost clean-energy programs and student aid and extend many of former President George W. Bush's tax cuts.

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Congress Adopts Obama Budget

"It's a budget that reduces taxes, lowers the deficit and creates jobs," House Speaker Nancy Pelosi, D-Calif., said. "It honors the three pilla...

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