B.A. Spending Daily

News Roundup | April 26, 2012

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

Federal Reserve Chairman Ben Bernanke said the White House and Congress are driving the country off a “fiscal cliff.” Politico has the details. Meanwhile, according The New York Times, the Fed has cut its growth projections for 2013 and 2014.

The Washington Post previews the upcoming House battle over defense spending. Politico looks at the upcoming spending fight in general, and wonder whether a government shutdown is on the horizon.

The Senate has passed a bill to reform the U.S. Postal Service. Bloomberg, The New York Times and The Washington Post have the details. Politico looks at the difficulties of passing reform.

The Washington Post looks at budget problems in Europe.

On the opinion pages: George Will discusses Illinois’s fiscal problems; David Indiviglio tries to figure out how much TARP will cost taxpayers; and John C. Goodman says Social Security is going broke.

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