POSTED: Monday, March 25, 2013 - 4:30pm
UPDATED: Monday, March 25, 2013 - 6:45pm
Baton Rouge, La (NBC33) — Both the U.S. Senate and House have passed budget plans, but the hard work is just beginning.
The senate and House approved budget plans with very different goals in mind, and in order for a budget to take effect, the two bills will have to be merged.
The Senate's plan would raise taxes by a trillion dollars over the next decade, while protecting some social programs.
The House's bill calls for steeper cuts, with a balanced budget at the end of the decade.
Senator Mary Landrieu says the balanced budget would come at too high a cost.
"We have other goals as well: closing the infrastructure deficit in this country, closing the skill gap deficit in this country, and keeping this economy moving in a upward trajectory, which helps everyone,” stated Landrieu “The Ryan budget would be devastating in that regard."
The U.S. Senate just passed their first budget in four years. President Obama is expected to release his own budget plan in April.