B.A. Spending Daily
Get the latest intel on Washington's fiscal woes.Close
Here’s a roundup of this morning’s must-read budget and economic stories:
USA Today reports President Obama’s cabinet will meet today to discuss eliminating improper payments in federal government programs.
According to CNN and The Washington Times, Office of Management and Budget Director Jack Lew said the debt super-committee must come up with a compromise to cut $1.2 trillion in federal spending by early November.
Politico says the House Speaker wants the super-committee to make more than $1.2 trillion in cuts.
The New York Times looks at President Obama’s plan to create jobs by modernizing schools. The Hill and The Wall Street Journal say the President would pay for his jobs plan in part by raising taxes on the wealthy.