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Senate Conservatives Lose First Bid To Cut Budget
The Senate rejected a Buckley plan to cut 25 billion from fiscal 1976 spending and trim a 32.5 billion deficit, 69 to 21. Debate continues as both chambers explore a new budget ceiling system. President Ford proposed 60 billion deficit with 355.6 billion total. Muskie argued Buckley worsens recession. Senate aims for a balanced program. House predicts higher deficit. tax cut expirations and cost of living ceilings divide chambers.
MENTIONED IN THIS ARTICLE
Senate
Washington
James L. Buckley
Con
R-N.y
Buckley
Senate Budget Committee
House
Ford
New Yorker
Budget Committee
Edmund S. Muskie
Dmaine
Muskie
Congress