B.A. Spending Daily

News Roundup | February 16, 2012

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

Politico says 2012 will be a “do nothing year” for Congress.

Members of Congress are putting the “finishing touches” on a deal to extend the 2011 payroll tax cut and extend unemployment benefits. Votes are expected Friday. Fox NewsThe HillLos Angeles TimesPoliticoReutersThe Wall Street Journal and The Washington Post have the details.

Roll Call says some lawmakers are trying to the stop cuts to federal worker pensions that is currently in the payroll tax extension package.

Bloomberg and The New York Times report there is still some chance that Greece will default on its debt.

On the opinion pages: Debra Saunders says the President is not doing enough to rein in the federal budget deficit; The Wall Street Journalexplores the cost of extending unemployment benefits; and Michael Peterson argues lawmakers should use a longer time horizon than 10 years when presenting the nation’s budget outlook.

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