shadow

Hollings budget plan rejected by Senate

The Senate overwhelmingly rejected a proposal to freeze most federal spending at current levels for the next three years and to repeal the July 1 income tax cut and tax indexing.

The budget plan proposed by Sen. Ernest Hollings (D) of South Carolina would have held real growth in defense spending to only 3 percent a year instead of the 10 percent President Reagan wants or the 5 percent the budget committee recommended.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.