B.A. Spending Daily

News Roundup | October 14, 2011

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

House Democrats sent their deficit reduction proposals to the supercommittee Thursday. The Hill has the story.

According to The New York Times and The Wall Street Journal, President Obama and House Speaker John Boehner discussed their respective party’s jobs plan on a call Thursday.

According to The Financial Times, Standard & Poor’s has downgraded Spain’s debt rating. Reuters says the European debt crisis will dominate a meeting of G20 finance ministers today in Paris.

On the opinion pages: Bloomberg says defense spending can be cut without sacrificing the nation’s security while The Wall Street Journal looks at who would pay the so-called “millionaire’s tax”; and The Washington Post argues free trade helps the U.S.

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