Washington (CNN) – Senate Democrats proposed a $110 billion measure on Thursday to put off mandatory across-the-board spending cuts set to take effect on March 1.
The package made public by Senate Democratic leaders calls for replacing the so-called sequester cuts with a combination of increased tax revenue from millionaires, ending agriculture subsidies and reducing defense spending after the war in Afghanistan ends.
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WASHINGTON (CNN) - In what amounted to political theater rather than legislative action, the Senate rejected Wednesday a House budget plan that included a controversial provision to overhaul Medicare.
The measure was expected to fail due to overwhelming opposition by majority Democrats, as well as wavering support for the Medicare overhaul among Republicans who recognize the provision's unpopularity with senior citizens enrolled in the government-run health insurance program.
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