B.A. Spending Daily
Here’s a roundup of this morning’s must-read budget and economic stories:
The Associated Press says the debt supercommittee is struggling to fulfill its obligation to find $1.2 trillion in spending cuts before its mandated deadline. The New York Times reports some lawmakers are upset the supercommittee is working in secret.
According to The Associated Press, The Hill, Politico, The Wall Street Journal and The Washington Post the Senate will vote on President Obama’s jobs proposal this week. The Los Angeles Times says the President has challenged Republicans to present an alternative plan if they won’t support his.
The Associated Press fact checks White House claims about the jobs bill.
The Wall Street Journal previews a report to be released today from President Obama’s jobs council that calls for streamlining regulations to spur job growth.
USA Today says an increasing number of middle class Americans have no federal income tax obligations.
On the opinion pages: The Wall Street Journal criticizes the 2009 stimulus’ green jobs initiative; Charles Kadlec looks at how tax and trade policies will affect the economy; and The San Diego Union-Tribune examines cities’ budget problems.