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Republicans Back 1995 Budget Plan With Tax Credit Proposal
The House passed a 1995 budget plan by a 223-175 vote, with Republicans unanimously opposing. It aims to reduce red ink to $175.3 billion, shift funds to high priority areas, and include a $500 child tax credit in a broader plan, while Democrats argue the tax breaks favor high earners. The Senate Budget Committee will review next week as debates focus on education and defense spending.
MENTIONED IN THIS ARTICLE
Frey
Senate
Comoo
House
Richard Gephardt
Thomas Foley
D-Wash