The Senate Finance Committee approved its spending reconciliation package 11-9 and sent the legislation to the Budget Committee, which will review it and other reconciliation packages before sending them to the full Senate for a vote. At deadline, the review was not completed.
The Finance Committee proposal would cut Medicare and Medicaid funding about $10 billion over five years beginning in fiscal 2006.
House committees are scheduled to vote on their spending bills later this week. Under the House proposals, Medicaid faces at least $11 billion in cuts, but no cuts were proposed for Medicare.