B.A. Spending Daily

News Roundup | February 24, 2012

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

According to The Hill, the U.S. may reach its debt limit around November.

The Associated PressThe Hill and USA Today have more details on President Obama’s corporate tax reform plan.

The Hill and Roll Call report the House may scale back the transportation reauthorization bill.

The Wall Street Journal says the calculating the cost of the stimulus is much easier than determining how many jobs it created or saved.

CNN Money says Social Security’s finances have eroded in the last year.

The Associated Press reports the U.S. Postal Service will start making cuts in May.

According to The Wall Street Journal, the European Central Bank president believes there is no other option for European countries than to tackle their debt problems head on.

On the opinion pages: David Brooks says the U.S. is more like Europe than people think and Arthur Brooks argues it’s time to cut spending and reform entitlements.

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