Senate Majority Leader Mitch McConnell of Kentucky. (AP Photo/Pablo Martinez Monsivais, File)

(Bloomberg) — The Senate adopted a fiscal 2016 budget that calls for $5.1 trillion in spending cuts to achieve balance in 10 years, while avoiding proposals to partially privatize Medicare as many Republicans brace for re-election.

In the 52-46 vote Friday, Senate Republicans, who control the chamber for the first time in eight years, persuaded enough of their members to back a compromise fiscal blueprint to avoid the embarrassment of a failed vote.

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