Posted: Mar 26, 2013 7:31 PM by Erin Schermele - MTN News
On Saturday, the U.S Senate approved a budget bill which will raise create $1 trillion dollars of tax increases over the span of the next 10 years, and lower the country's deficit.
The budget passed the Senate by one vote. Only four Democrats voted against the bill, including U.S. Senator Max Baucus (D-MT).
Baucus said, "It is too unbalanced for the country and especially too unbalanced for Montana. There's about one trillion dollars of additional tax revenue for 10 years called for in that budget and I don't think that's what Montanans are...and I represent Montana and I want to do what I think people in our state want and also personally...it was not a sufficient balance, therefore I voted against it."
Baucus says he does not, however, support the House version of the budget bill which includes cuts to many programs, such as Medicaid.
The House version does not include a tax increase, but it does balance the budget by the next decade.
Baucus says both sides will have to keep working together until a compromise is found.