B.A. Spending Daily

News Roundup | May 4, 2012

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

Politico reports the economy added 115,00 jobs in April and the unemployment rate was 8.1 percent.

The Associated Press looks at lawmakers’ hypocrisy over cutting spending.

The Washington Examiner says House investigators are looking into whether the General Services Administration offered kickbacks to contractors.

The Hill and Politico report House negotiators are close to a deal extending authorization for the Export-Import Bank, which provides subsidies to corporations.

According to The Washington Times, Social Security judges are losing one tool important to detecting fraud.

The Washington Free Beacon says U.S. taxpayers are facing the largest tax increase since World War II.

On the opinion pages: Mohamed A. El-Erian says Congress can’t delay efforts to get the debt and deficit under control.

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