On Wednesday, an overwhelming number of Senate members voted against a fast-track budget procedure to pass the President's cap and trade plan to fight global warming. The plan was expected to cost families $3000 per year in new energy taxes. Republicans believe this plan would not help our current economic situation and all voted against it.
After the conflict relating to AIG handing out bonuses with their bailout money, the House of Representatives passed a bill that gives Treasury Secretary Timothy Geithener the ability to ban bonuses not based on performance standards. Most party members voted with their party with only 10 representatives crossed party lines in their votes for and against the bill.
The largest proposed change to our nations budget came when the House Republicans suggested an alternative to the Democratic budget plan. They suggested $4.8 billion less in spending over the next 10 years. The only places where Republicans suggested increasing spending was a $5 billion increase in defense spending and $540 million in veterans spending.
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