B.A. Spending Daily

News Roundup | August 9, 2012

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

Marketwatch reports this morning that the U.S. trade gap narrowed in June.

CNBC looks at how rising prices will affect the overall economy.

Reuters reports that defense firms may go ahead with layoffs since they are uncertain about what Congress is going to do about impending spending cuts.

According to ABC News, the 2010 health care law may cause the price of pizza to go up.

The Washington Times says the IRS is ignoring certain types of tax fraud.

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