Budget Is Good First Step, Senate Budget Committee Says

U.S. Senate

U.S. Senate Budget Committee

The fiscal 2020 Senate budget resolution “is a reasonable first step” toward reducing deficits by cutting spending and raising $176 billion in revenue over five years, half of which would be used for Highway Trust Fund solvency, the Senate Budget Committee said in a March 22 report.

<p>The fiscal 2020 Senate budget resolution “is a reasonable first step” toward reducing deficits by cutting spending and raising $176 billion in revenue over five years, half of which would be used for Highway Trust Fund solvency, the Senate Budget Committee said in a March 22 report.</p>