B.A. Spending Daily

News Roundup | September 15, 2011

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

The Wall Street Journal reports U.S. officials are warning European lawmakers to get a handle on their countries’ debt problems. Meanwhile, according to Reuters, the World Bank president thinks the world economy is in a “danger zone.”

The Wall Street Journal previews President Obama’s upcoming deficit reduction plan, noting it is not expected to make changes to Social Security.

Politico reports lawmakers are preparing a continuing resolution to continue funding the government past the end of the fiscal year (Oct. 1) as it doesn’t appear lawmakers will pass all the necessary appropriations bills by then.

The Hill and The Wall Street Journal say the House passed a non-binding resolution disapproving of the recent $500 billion debt ceiling increase even though the increase will go forward.

According to National Journal, President Obama’s new jobs bill may not come up for a vote in the Senate until October. The New York Times says some Democrats don’t support the plan.

The Washington Post examines how many jobs President Obama’s green jobs initiative has created. (Bloomberg and The New York Times look more at controversy surrounding a loan guarantee to a solar energy firm.)

Politico reports House Speaker John Boehner (R-OH) will make remarks today on tax reform.

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