B.A. Spending Daily

News Roundup | February 29, 2012

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

According to Politico, President Obama and Republican House Majority Leader Eric Cantor are joining together on a legislative package for small businesses.

The Hill and Politico report the President will meet with Congressional leaders today at the White House.

National Journal says Americans still oppose the bailouts of the auto companies.

Fox News reports detainees at Guantanamo Bay were the recipients of a new $750,000 soccer field.

Politico says the President’s jobs council is not ready to weigh in on corporate tax reform.

The Hill notes the Dow Jones Industrial Average closed above 13,000 for the first time since the 2008 financial crisis. Still, according toReuters, it could be years before the unemployment rate is back down to where it was before the crisis.

On the opinion page: The Wall Street Journal examines General Motors’ tax benefits. (In a news story, The New York Times looks at the same tax benefits.)

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