The Nation - News from March 31, 1988

The Senate Budget Committee overwhelmingly approved a $1.1-trillion spending plan for fiscal 1989 that would follow President Reagan’s priorities more closely than a House-passed version. The committee voted 18 to 3 to send to the Senate floor a budget proposed by its chairman, Sen. Lawton Chiles (D-Fla.) and its senior Republican member, Sen. Pete V. Domenici of New Mexico. The full Senate is expected to take it up in two weeks. The plan envisions a 27% increase for the space program, and cuts in housing and local development subsidies. Like the House, the Senate panel rejected killing any program and relied instead on across-the-board spending restraint to meet deficit-reduction goals.