[Congressional Record Volume 154, Number 42 (Wednesday, March 12, 2008)]
[Senate]
[Page S1916]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 CONGRESSIONAL BUDGET FOR THE UNITED STATES GOVERNMENT FOR FISCAL YEAR 
                                  2009

  The ACTING PRESIDENT pro tempore. Under the previous order, the 
Senate will resume consideration of S. Con. Res. 70, which the clerk 
will report.
  The legislative clerk read as follows:

       A concurrent resolution (S. Con. Res. 70) setting forth the 
     congressional budget for the United States Government for 
     fiscal year 2009 and including the appropriate budgetary 
     levels for fiscal years 2008 and 2010 through 2013.

  Pending:

       Baucus amendment No. 4160, to provide tax relief to middle-
     class families and small businesses, property tax relief to 
     homeowners, relief to those whose homes were damaged or 
     destroyed by Hurricanes Katrina and Rita, and tax relief to 
     America's troops and veterans.
       Graham amendment No. 4170, to protect families, family 
     farms, and small businesses by extending the income tax rate 
     structure, raising the death tax exemption to $5 million, and 
     reducing the maximum death tax rate to no more than 35 
     percent; to keep education affordable by extending the 
     college tuition deduction; and to protect senior citizens 
     from higher taxes on their retirement income, maintain U.S. 
     financial market competitiveness, and promote economic growth 
     by extending the lower tax rates on dividends and capital 
     gains.

  The ACTING PRESIDENT pro tempore. The majority leader.

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