B.A. Spending Daily
Here’s a roundup of the latest must-read budget and economic stories:
The Wall Street Journal says economists are worried about the influence higher taxes and continued uncertainty over the debt will have on the economy.
Reuters says the International Monetary Fund is also worried about how a prolonged debt ceiling debate could affect the economy.
The New York Times looks at the options if the U.S. hits the debt ceiling.
Bloomberg says disagreements among Republicans might stall any future budget deals.
The Associated Press says U.S. troops are worried about the effects of defense spending cuts.
According to Reuters, outgoing Treasury Secretary Timothy Geithner believes the U.S. economy will improve soon.
Politico reports most Americans want term limits for members of Congress.