Saturday, April 4, 2009

Congress approves Obama budget


Congress approves Obama budget
04-04-2009

Both houses of the US Congress have approved draft versions of a US$3.5 trillion budget, which are mostly in line with what President Obama has proposed for the next fiscal year.

The opposition Republicans unanimously opposed the measure in both the Senate and the House of Representatives.

They say the budget will leave the nation with multi-trillion dollar deficits that will take decades to pay off, but correspondents describe the votes as a victory for the Obama administration.