B.A. Spending Daily

News Roundup | May 9, 2012

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

The Hill reports the House rejected a package of spending cuts on Tuesday. Meanwhile, The Washington Post reports a reauthorization of the Export-Import Bank will likely pass.

Yesterday, President Obama gave Congress a to do list. BloombergThe Hill and Politico have the details.

The Associated Press says House appropriations bills exempt defense and homeland security from spending cuts. The Hill says Republican appropriators have also opted not to offset disaster relief funding.

Bloomberg updates readers on the progress of Postal Service reform.

House Speaker John Boehner says the House will act to extend tax cuts before year’s end. The Hill has the details.

The Daily Caller looks at how much former presidents will receive from taxpayers next year. (Former President George W. Bush requested the most of any of the former commanders-in-chief.)

The Washington Free Beacon says Europeans are not really revolting against austerity. The New York Times examines how new spending would be paid for in European countries.

On the opinion pages: The Wall Street Journal says its time to eliminate duplicate job training programs.

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