Senate Democrats Craft Bill to Avert Budget Cuts - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Senate Democrats Craft Bill to Avert Budget Cuts

Updated:

Top Senate Democrats have prepared a plan to slice the Pentagon's budget by $3 billion a year in an attempt to avoid far steeper cuts this year that defense hawks warn would cripple the military.

Majority Leader Harry Reid hopes to stage a vote on the measure before $85 billion in automatic budget cuts start to strike in March.

But Republicans are likely to block the measure because it contains a 10-year, $47 billion tax increase known as the "Buffett Rule" that would require people with million-dollar incomes to pay a minimum 30 percent income tax. The rule is named after billionaire investor Warren Buffett.

Democratic aides say the plan is unofficial but is expected to be released later this week. The aides required anonymity since the plan isn't public. (AP)

  • NewsMore>>

  • Nevada Soccer Loses at San Diego State

    Nevada Soccer Loses at San Diego State

    Saturday, September 23 2017 2:53 AM EDT2017-09-23 06:53:35 GMT

    The University of Nevada women’s soccer team (1-7-0, 0-1-0 MW) fell at Mountain West foe San Diego State (4-5-0, 1-0-0 MW) by a score of 3-0 on Friday night. 

    More >>

    The University of Nevada women’s soccer team (1-7-0, 0-1-0 MW) fell at Mountain West foe San Diego State (4-5-0, 1-0-0 MW) by a score of 3-0 on Friday night. 

    More >>
  • Veterans Receive Overdue Ceremony

    Veterans Receive Overdue Ceremony

    Saturday, September 23 2017 1:10 AM EDT2017-09-23 05:10:31 GMT

    The Northern Nevada Veteran's Coalition put on its 5th ceremony for unclaimed remains of veterans. 

    More >>

    The Northern Nevada Veteran's Coalition put on its 5th ceremony for unclaimed remains of veterans. 

    More >>
  • Douglas County Deputies Seek Person of Interest in Burglaries

    Douglas County Deputies Seek Person of Interest in Burglaries

    Saturday, September 23 2017 12:22 AM EDT2017-09-23 04:22:52 GMT

    The Douglas County Sheriff's Office is asking for the whereabouts of a person of interest in several burglaries in the Kingsbury area of Stateline.

    More >>

    The Douglas County Sheriff's Office is asking for the whereabouts of a person of interest in several burglaries in the Kingsbury area of Stateline.

    More >>
Powered by Frankly
All content © Copyright 2000 - 2017 Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.