Early Friday, the GOP-led U.S. Senate approved a Republican budget plan for the 2016 federal fiscal year. Among other provisions, the Republican fiscal blueprint seeks to reduce spending on benefit programs by more than $4 trillion over a decade.
The Senate vote was 52-46, with Sens. Ted Cruz (R-Texas) and Rand Paul (R-Kentucky) joining Democrats in voting against the fiscal plan, which calls for no new taxes and looks to repeal the Affordable Care Act. Cruz declared his 2016 presidential candidacy on Monday. Paul is a potential 2016 presidential candidate.
On Wednesday, the GOP-controlled House passed a similar budget resolution. No House Democrats voted in favor of that GOP-backed fiscal blueprint.
Similar to the House plan, the Senate budget measure aims to wipe out federal deficits over 10 years.
Negotiators from both chambers will now have to cobble together a joint budget.