B.A. Spending Daily

News Roundup | January 10, 2012

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

White House chief of staff Bill Daley is resigning; Office of Management and Budget chief Jack Lew will replace him. The Washington Post has the story.

The Wall Street Journal takes a look at what tax rates will probably look like in 2013.

According to the “Policy Shop” blog, the U.S. lost $3 billion in revenues over the last 10 years due to tax evasion. In an effort to recoup some of the costs, Reuters reports the IRS is reopening a tax forgiveness program for offshore tax evaders.

The Los Angeles Times reports U.S. consumers’ health care spending went up 3.9 percent in 2010.

On the opinion pages: Newsday says Congress should consider President Obama’s defense spending plan while Charles Kadlec argues more stimulus equals fewer jobs.

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