B.A. Spending Daily
Here’s a roundup of this morning’s must-read budget and economic stories:
The Senate passed the JOBS Act on Thursday. Los Angeles Times, Politico, Reuters and The Washington Post have the details. The bill, which now goes back to the House, would ease restrictions on small businesses.
The Hill says the Senate will soon vote to eliminate tax subsidies for oil and gas companies. On the House side, The Hill says the chamber will take up the Republicans’ fiscal year 2013 budget proposal next week.
The Wall Street Journal reports the IRS is increasing its audit of the wealthiest taxpayers.
The Associated Press says Europe may not be done handing out bailouts.
According to Fox News, small businesses are asking for more reductions in regulations.