Here’s a roundup of this morning’s must-read budget and economic stories:
The Congressional Budget Office estimated yesterday that the national debt could double over the next 25 years. The Associated Press and Reuters have the story.
The Associated Press, Bloomberg, CNBC, The Hill, The New York Times and Politico say former President Bill Clinton wants Congress to extend the 2001 and 2003 tax cuts for at least another year.
USA Today reports Congress has uncovered even more excessive spending at the General Services Administration. Meanwhile, The Washington Times says one GSA official tried to hide the report that uncovered the $1 million Las Vegas conference.
According to Reuters, economic growth in the 50 states slowed in 2011.
The Washington Post says Spain is asking for financial help from the European Union. Meanwhile, according to The New York Times, Greece has admitted its going broke.