Senate sends budget to House

The Senate on Monday evening sent its 2014 budget resolution to the House for consideration.

The procedure was a necessary first step before the House could move to convene a conference committee to reconicle its own budget with the vastly different Senate-passed version. The Senate passed the budget in a marathon session last month.

It remains unclear if the House GOP will now move to create a conference, although the move is considered likely even though the conference is unlikely to succeed in reconciling the House and Senate spending visions. 

The House budget cuts spending by $4.6 trillion over ten years in order to balance and contains large tax cuts. The Senate budget does not balance and instead prioritizes job creation through new stimulus spending. It contains nearly $1 trillion in tax increases focused on the wealthy and turns off automatic spending cuts over nine years, replacing them with different mandatory and discretionary cuts.

Senate Majority Leader Harry Reid (D-Nev.) may move this week to create a conference committee, aides said. So far, he has waited for Senate Budget Chairwoman Patty Murray (D-Wash.) and House Budget Committee Chairman Paul Ryan (R-Wis.) to negotiate the parameters of a conference.

Ryan wants a "framework" agreement before convening a conference in order to ensure it can actually accomplish something, an aide said.