B.A. Spending Daily
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Here’s a roundup of this morning’s must-read budget and economic stories:
Jobless claims have surged by 46,000 last week, bringing the total to 388,000 according to new Department of Labor figures reports Bloomberg.
A recent surge in housing construction could point to easing pressures in the struggling industry according to the Associated Press.
According to Politico House Speaker John Boehner and President Obama have not spoken about the looming ‘fiscal cliff’ since July.
The Associated Press reports, average debt for recent college graduates has climbed again to an average amount owed of $26,600 – up 5 percent from 2010.
On the opinion pages: Robert Samuelson looks at the delay in dealing with the fiscal cliff.