U.S. Sen. Lamar Alexander today said he will vote against the bipartisan budget deal that was recently approved by the U.S. House of Representatives.

"I will vote against the budget agreement because it avoids the federal government's most urgent need: reducing the growth of runaway entitlement spending," The Tennessee Republican said in a statement today. "Instead, it spends savings that should be used to strengthen Medicare, pensions and the air transportation system."

Fellow Tennessee Republican U.S. Sen. Bob Corker has also said he will vote against the deal.

"It would have been better to pay for this agreement with a small part of the $1 trillion in entitlement savings that Sen. Corker and I have identified in our 'Fiscal Sustainability Act,' or with entitlement savings suggested in the president's budget," Alexander said.

Despite opposition from a number of Senate Republicans, the deal will likely be approved this week, following a successful procedural vote Tuesday morning, USA Today reports.