B.A. Spending Daily

News Roundup | May 29, 2012

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

Bloomberg says a new fight over the debt ceiling could cripple the economy.

The Washington Free Beacon examines Defense Secretary Leon Panetta’s weekend remarks on military spending.

The New York Times reports on expiring unemployment benefits.

According to The Wall Street Journal, the Federal Reserve believes it can handle any fallout from the European fiscal crisis.

Meanwhile, The New York Times says interest rates are spiking in Spain.

On the opinion pages: Robert Rubin says next year will be the year for fiscal reform while The Wall Street Journal looks at looming tax increases.

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