October 30, 2014
WASHINGTON (AP) - The bipartisan budget measure that was easily approved by the House yesterday appears to have the 60 votes necessary to clear the Senate. That's according to officials in both parties.
But unlike in the House, significantly more Senate Republicans are expected to oppose the measure than vote for it.
Overall, the legislation erases a total of $63 billion in across-the-board cuts in the next two budget years, and specifies $85 billion in savings over a decade. By raising spending levels, it's designed to eliminate the threat of another budget shutdown like the one this fall.
Senate Majority Leader Harry Reid has announced a test vote for Tuesday on the measure.
Joining the ranks of the bill's opponents today was the Veterans of Foreign wars. The group cited a provision that would reduce cost of living increases for military retirees until they reach 62. It says that could mean a total loss of $80,000 for a sergeant first class who retires at the age of 40.