BY Celeste Katz
DAILY NEWS STAFF WRITER
The House and Senate Thursday night passed a $3.5 trillion budget blueprint tailored largely to President Obama's specifications.
While the legislation isn't binding, it sets a framework for taxing and spending discussions to take place later this year on Capitol Hill.
Republicans and some centrist Democrats in that chamber have balked at the the measure's price tag.
The House approval marked a political victory for the new President, who has spent weeks selling his massive spending plan.
The budget draft is somewhat smaller than the $3.6 trillion budget Obama originally proposed and passed the House on party lines, 233 to 196. The Senate then approved the plan, 55-43.