2009 Budget Resolution. Senate Concurrent Resolution 70, the Senate plan for a fiscal 2009 budget, was adopted 51-44 on March 14, 2008 (Roll Call 85). This non-binding budget recommends outlays of about $2.6 trillion for fiscal year 2009, with a deficit of $564 billion. A one year moratorium on earmarks was rejected. A $35 billion economic stimulus package would be provided for, with no fiscal offset. Tax breaks aimed at low-income households would be extended, such as the 10-percent tax bracket, marriage penalty relief, and the child tax credit. However, an extension for other tax cuts, including reduced tax rates for capital gains and dividends, was rejected.
We have assigned pluses to the nays because Congress must discontinue unconstitutional and deficit spending. Otherwise the dollar could collapse.
