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FY2008 BUDGET RESOLUTION (SENATE)
On March 23, 2007, the Senate approved its
“Concurrent Resolution on the Budget for fiscal
year (FY) 2008,” by a vote of 52-47. The Senate
resolution provides an additional $18 billion
for non-defense discretionary spending, which is
on top of the President’s budget request for the
fiscal year that begins October 1, 2007.
Specifically, the Senate budget resolution
provides $448 billion in non-defense
discretionary spending for FY2008, which is $16
billion above the President’s FY2008 request for
non-defense discretionary programs. The
additional $2 billion is provided through an
accounting maneuver in the form of “advance
appropriations” from the following fiscal year.
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FY2008 BUDGET RESOLUTION (HOUSE)
On March 22, 2007, the House Budget Committee
marked up its “Concurrent Resolution on the
Budget for fiscal year (FY) 2008.” The
resolution was approved on a 22-17 party line
vote. While both the President’s budget request
and the House proposal would balance the
Nation’s budget by 2012, House Budget Committee
Chairman John Spratt (D-SC) plan fully funds the
President’s defense request and rejects
President Bush’s spending cuts for health care
and education by providing $22 billion more for
non-defense discretionary spending than the
President proposed in his FY2008 budget.
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