B.A. Spending Daily

News Roundup | June 14, 2012

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

National Journal looks at the status of FY 2012 appropriations bills. Politico reports the Senate has rejected cuts to food stamps.

In a move they hope will keep automatic defense spending cuts from going forward, defense contractors are preparing to send out layoff notices. Politico has the story.

The Hill reports on stalled negotiations over the highway reauthorization bill.

Politico says Senate Republicans and Democrats are meeting to work out extensions to several business tax provisions.

According to The Wall Street Journal, Treasury Secretary Geithner believes there are more bailouts to come.

President Obama and Former Gov. Mitt Romney are to deliver dueling speeches today, the Associated Press has the details.

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