B.A. Spending Daily

News Roundup | March 14, 2012

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

Bloomberg and NBC say the budget deficit this year will be higher than originally anticipated.

According to USA Today, the recently-enacted payroll tax cut will add to this year’s budget deficit.

The Associated Press reports there will be a hearing today on Capitol Hill on a bill to cut off Members of Congress’s pay if they do not pass a budget.

Fox News looks at tax laws that are going to expire this year.

The Washington Times says the Federal Reserve is more optimistic about future U.S. economic growth.

According to The Wall Street Journal, unemployment rates are down in some “key states.”

On the editorial page: The Wall Street Journal calls out Senators for their support of subsidies while Eduardo Porter says the U.S. gives too many tax credits and exemptions.

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