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House OK's Concurrent Resolution on Budget

Friday, March 21, 2003 - 1:45AM

The House of Representatives yesterday approved, by a vote of 215 - 212, a concurrent resolution on the fiscal year 2004 budget, which is intended to jumpstart stronger economic growth and, according to the House Ways and Means Committee, brings the budget into balance in fewer than 10 years. H. Con .Res. 95  also accommodates President George W. Bush’s entire $726 billion proposed economic growth and jobs package, including the exclusion of certain corporate dividend payments from federal taxation, and makes permanent tax relief measures enacted in 2001. The bill now goes to the Senate, which is expected to act on it shortly. Click here for a copy of H. Con. Res. 95.

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