Senate Democrats have put forward a new budget proposal that offers balanced deficit reduction (between cuts and new tax revenue), but doesn't balance the budget.
Senate Democrats put forward a budget whose broad outlines contrast sharply with a rival plan from House Republicans: It avoids controversial entitlement cuts but goes only a small way toward confronting the long-term challenge of a rising national debt.
Sen. Patty Murray (D) of Washington, chairwoman of the Senate Budget Committee, used the word “balance” in a different context. Her plan blends some new tax revenue and some spending cuts to produce a more modest amount of deficit reduction – all while avoiding steep cuts to Democratic priorities.
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