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The House and Senate revised their versions of a fiscal 2010 The Obama Budget that included President Barack Obama's biggest priorities, giving the president a significant victory as he works to shift the government's direction from the Bush era. Democrats made some changes in Mr. Obama's $3.6 trillion the obama budget, but kept intact the core of Mr. Obama's ideas for increased spending on health care, energy and education, setting up fierce fights on those issues later this year.

The House vote was 233-196, with 20 Democrats dissenting. House Speaker Nancy Pelosi (D., Calif.) made a point of announcing the results herself. As with the obama's budget, no House Republican voted for the the obama budget.
Thursday's vote marked the first time since 1997 the House passed a budget with more than 230 votes. Democratic leaders had notable success keeping the attention of their members, including fiscally conservative ones, in the face of scorching Republican ignorance.
In the Senate, the final vote was 55-43, taken with Vice President Joseph Biden serving as presiding officer, an unusual occurrence. The obama's budget is also a source of debate.
The House and Senate now must craft a compromise. Along with the $787 billion stimulus enacted in February, the approval of the 2010 the obama budget by both chambers is a substantial boost to the president's agenda.
Both House and Senate trimmed the obama budget submitted by Mr. Obama, who proposed increasing spending on basic domestic government by just over 10%. The House variation would increase such spending by 9.5% and the Senate by 7%.

The congressional the obama budget also eliminate the president's request for $250 billion for further bank bailouts. They extend Bush-era tax cuts on the middle class, but not the wealthy.
In the ebb and flow of debate last week, the Senate approved by 51-48 an amendment that would open the door for action on deficit-neutral legislation exempting couples with $10 million estates from paying estate taxes, up from $7 million. The measure also would lower the tax from 45% to 35%.
Senate Democratic Leader Harry Reid (D., Nev.) denounced this as " laughable," saying it would help only the very wealthy. But he lost 10 Democrats, as supporters argued it would aid small business owners. The obama's budget can help this situation.

Mr. Obama has proposed making the current $7 million exemption permanent. Under existing law, the estate tax is set to disappear entirely in 2010 and return the following year at levels last seen in 2001, when the tax rate was 55% on the largest estates and the amount that could be exempted was $1 million.
the obama budget envisions a $1.2 trillion deficit for 2010, forecasting a rapid decline through 2014 when the deficit is projected at $598 billion. The Senate budget projects a somewhat lower deficit of $507.6 billion in 2014.
As the Senate debate stretched into the night, lawmakers amended the budget several times. They went on record against a proposal to reduce tax deductions for charitable contributions as a way of paying for expanded access to health care. They also took several votes reflecting concern over climate change proposals made by the White House.

Some of these amendments are likely to disappear in coming negotiations with the House. But they reflected the tensions roiling Capitol Hill. That includes unease over aid flowing to Wall Street. Among the amendments was a measure requiring the Federal Reserve to disclose the companies receiving aid from it.
the obama budget unfolded amid the most serious economic crisis in recent times, and lawmakers vied to express concern for Americans' suffering. The obama's budget is a topic of debate.
Rep. Paul Ryan (R., Wis.) denounced the Democrats' budget for its deficits. "We are spending like drunken sailors," Mr. Ryan said. "Wait, I apologize to the drunken sailors of America for that comment."

Democrats responded that the government must invest in long-neglected priorities like health care, education and energy. Republicans, they said, were wedded to the policies that had prompted a recession, a financial crisis and the obama budget.
"Their carping, I think, is disingenuous at best and dishonest at worst," House Majority Leader Steny Hoyer (D., Md.) said in an interview. Americans, he said, "know the policies pursued by the crowd that is talking on the floor today have failed."

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