Wednesday, December 21, 2005

Divided Senate Votes to Pass Spending Cuts

The Republican-controlled Senate passed legislation to cut federal deficits by $39.7 billion on Wednesday by the narrowest of margins, 51-50, with Vice President Dick Cheney casting the deciding vote.

The measure, the product of a year's labors by the White House and the GOP in Congress, imposes the first restraints in nearly a decade in federal benefit programs such as Medicaid, Medicare and student loans.

"This is the one vote you'll have this year to reduce the rate of growth of the federal government," said Sen. Judd Gregg (news, bio, voting record), R-N.H., chairman of the Senate Budget Committee, in a final plea for passage.

But Senate Democratic Leader Harry Reid of Nevada countered that the GOP was advancing "an ideologically driven, extreme, radical budget. It caters to lobbyists and an elite group of ultraconservative ideologues here in Washington, all at the expense of middle class Americans," he said.

FULL STORY

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