B.A. Spending Daily

News Roundup | August 25, 2011

Here’s a roundup of this morning’s must-read budget and economic stories:

The Congressional Budget Office yesterday released its updated 10-year budget outlook. CBO expects the federal government to run a $1.3 trillion budget deficit this year and a $3.5 trillion deficit over the next 10 years. The Hill, The New York Times, Politico and The Washington Times have the details.

The Hill, The New York Times, Politico and Roll Call report the debt super-committee is making progress hiring staff and setting rules so it can start deliberations this fall.

The Washington Times reports the 2009 stimulus didn’t create the jobs that lawmakers had promised it would.

Reuters and The Wall Street Journal preview what might be in the economic plan that President Obama plans to lay out after Labor Day.

On the opinion pages: The Wall Street Journal points out federal spending will hit a record-high this year.

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