EU lawmakers reject $1.3tn budget proposal

Published March 13, 2013 3:59pm ET



BRUSSELS (AP) — The European Parliament overwhelmingly rejected a proposal for the European Union’s €960 billion ($1.3 trillion) budget Wednesday, in the latest example of the lawmakers’ newfound resolve to stand up to the bloc’s national leaders.

“This is an important step for the European democracy,” said European Parliament President Martin Schulz.

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