B.A. Spending Daily
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Here’s a roundup of this morning’s must-read budget and economic stories:
The Associated Press reports that the U.S. has fallen to fifth in terms of global competitiveness, due in part to the size of the nation’s budget deficit.
Though The Hill reports that appropriators are resisting spending cuts, Politico says Congress is still making quick work of the fiscal year 2012 spending bills. The New York Times looks at the rest of Congress’s fall agenda.
According to The Washington Post, a new Inspector’s General report questions the efficacy of some of the 2009 stimulus projects.
On the opinion pages: The Wall Street Journal reviews research by two George Mason economists exploring why the 2009 stimulus failed to create jobs or spur economic growth; Diana Furchgott-Roth discusses EPA regulations; and Caroline Baum previews President Obama’s jobs address.