This resolution (Senate Concurrent Resolution 95) would establish broad spending and revenue targets over the next five years. It calls for $851 billion in “discretionary” spending (including $30 billion for supplemental funding of operations in Iraq and Afghanistan) and another $1.5 trillion in “mandatory” spending for fiscal 2005. Based on these targets, the “mandatory” spending portion of the budget would increase by 5 percent over last year, and the total budget — a whopping $2.4 trillion — would increase by 3 percent.
The Senate adopted S. Con. Res. 95 on March 12, 2004 by a vote of 51 to 45 (Roll Call 58). We have assigned pluses to the nays because this budget perpetuates the fiscally irresponsible, largely unconstitutional federal spending with its attendant record-breaking deficits of recent years.
