Congress: Budget battle lines

"Democrats in both the House and the Senate this week hope to win passage for budget resolutions that will serve as the first step in enacting the ambitious agenda of President Obama," The Hill writes.    Roll Call adds, "By the time President Barack Obama’s $3.6 trillion budget proposal comes up for a vote in the Senate later this week, the high-pitched opposition from Democratic moderates is expected to give way to a chorus of support."   Senate Finance Committee chairman Max Baucus introduced legislation that "would protect middle-income taxpayers from the alternative minimum tax and the marriage penalty, would lock in 2009 estate tax rates, and would make permanent the 10, 25, and 28 percent individual income tax rates set in major tax cut legislation passed in 2001. The measure also would continue current income eligibility thresholds for the child tax credit, which gives families up to $1,000 for every child under age 17." ...( read more ) (link)