B.A. Spending Daily
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Here’s a roundup of this morning’s must-read budget and economic stories:
According to The Wall Street Journal, the economy added 163,000 jobs last month, but the unemployment rate ticked up .1% to 8.3% overall.
The Hill reports a bipartisan group of lawmakers will unveil a new deficit reduction plan the day after the November elections.
Bloomberg says the Internal Revenue Service could lose up to $21 billion over the next five years due to identity theft.
Politico says some lawmakers believe it could take up to a year to negotiate tax reform.
Reuters looks at how pension debt bankrupt one California town.