What: All Issues : Fair Taxation : A vote on a Democratic amendment to the fiscal year 2005 budget resolution (S.Con.Res. 95) to eliminate "abusive tax loopholes" to create a reserve fund to increase veterans' medical care by $1.8 billion. (2004 senate Roll Call 40)
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A vote on a Democratic amendment to the fiscal year 2005 budget resolution (S.Con.Res. 95) to eliminate "abusive tax loopholes" to create a reserve fund to increase veterans' medical care by $1.8 billion.
senate Roll Call 40     Mar 10, 2004
Progressive Position:
Yea
Progressive Result:
Loss

Progressives failed to win over conservatives' hearts and minds regarding this amendment to the fiscal year 2005 budget resolution (S.Con.Res. 95), offered by Sen. Bill Nelson (D-Fla.) to create a reserve fund to increase veterans' medical care by $1.8 billion by eliminating "abusive tax loopholes." Because Nelson's proposal would offset the additional spending for veterans' medical programs with revenue increases, conservatives claimed the measure would raise taxes which they oppose doing, and they fought off the proposal by a vote of 46-51. The way in which Congress develops tax and spending legislation is guided by a set of specific procedures laid out in the Congressional Budget Act of 1974. Most importantly, the Budget Act calls for the annual development of a congressional "budget resolution." This resolution sets overarching limits on spending and on tax cuts that apply to legislation developed by individual committees - including the appropriations committees, tax-writing committees, and other committees that have jurisdiction over certain spending programs - as well as to any amendments offered to such legislation on the House or Senate floor.

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