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

The Associated Press reports the House will vote on, but likely vote down, a bipartisan budget plan that would balance the budget through a combination of tax increases and spending cuts.

With a short-term extension off the table in the House, Politico and Roll Call examine what is next for the transportation reauthorization bill.

The Washington Examiner looked at Senate debate over ending tax benefits for oil and gas companies.

Politico examines the revenue limits in the House Republicans’ fiscal year 2013 budget proposal. Bloomberg looks at the spending levels versus the overall size of the economy.

According to Bloomberg, European leaders believe the worst of the continent’s fiscal crisis is over.

On the opinion pages: Lawrence Goodman says foreign governments and businesses, and U.S. businesses, are becoming less willing to finance U.S. debt.