B.A. Spending Daily

News Roundup | February 15, 2012

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

Fortune takes a look at which states are in the best fiscal shape.

Negotiations on extending the 2011 payroll tax cut for another full year broke through yesterday and a deal looks likely. The HillNew York TimesPolitico and Roll Call have the details.

The Washington Post says President Obama’s budget makes changes to the U.S. Postal Service, including cutting Saturday mail service.

Fox News looks at the tax increases in the President’s budget.

The Hill, Politico and Reuters report President Obama has threatened to veto a multi-billion transportation reauthorization bill that Congress is currently considering.

The Wall Street Journal says the Obama Administration will offer a plan in the coming weeks to cut the corporate tax rate in exchange for closing certain loopholes.

The New York Times previews Greece’s debt restructuring plan, to be released next week.

The New York Times also looks at Portugal’s debt problems.

On the opinion pages: The Wall Street Journal likes the progress on the payroll tax cut deal.

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