B.A. Spending Daily

News Roundup | May 17, 2012

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

The Senate voted down five different versions of an FY 2013 budget resolution yesterday.  PoliticoRoll CallThe Washington Examiner,The Washington Times have the story.

The Hill, The Washington Post report President Obama said yesterday that he wants a “clean” debt ceiling bill and will not tolerate a fight like last year’s.

The New York Times reports the number of depositors taking their funds out of Greece has increased as uncertainty about the nation’s fiscal status has also increased.

According to Reuters, the European Central Bank has stopped offering liquidity to some bank in Greece. The ECB says a lack of capital is the cause.

The Wall Street Journal reports that the Federal Reserve is wary about the economic recovery’s strength, while the Washington Post says the nation’s bank is considering new measures to stimulate growth if recovery worsens.

Tags:, , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *