Senate Budget Debate Continues

By: Associated Press and WTVY
By: Associated Press and WTVY

WASHINGTON (AP) -- A top Senate Democrat says he's preparing a
fiscal blueprint that resembles the bipartisan findings of President Barack Obama's deficit commission and would curb the deficit by $4 trillion over the upcoming decade.

Budget Committee Chairman Kent Conrad says the plan calls for a
complete overhaul of the tax code but will leave Social Security untouched. It's a nonbinding plan still subject to revision but could receive a panel vote next week.

The House last month adopted a budget plan calling for a dramatic overhaul of Medicare, but the idea is a nonstarter in the Democratic-controlled Senate.

Conrad is also part of a group of six senators that's working on a separate track to devise a stronger plan that would seek to force
Congress to pass deficit-slashing legislation.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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