B.A. Spending Daily

News Roundup | January 29, 2013

Here’s a roundup of the latest must-read budget and economic stories:

According to Politico, lawmakers might not have to deal with the debt ceiling again until August.

Reuters says a downgrade of the U.S.’s credit rating may not be imminent after all.

Senators yesterday approved a $50 billion aid package to states and individuals affected by Hurricane Sandy. The Associated Press, Gannett, The Hill, and Politico have the story.

The Hill looks at how the sequester spending cuts came to be, and how they are and will be implemented.

According to The Washington Post, the White House doesn’t believe “anyone” supports the automatic spending cuts.

The Associated Press examines the state of the U.S. economy, noting that while unemployment remains high the housing and banking industries are coming back.

Reuters says immigration reform, a topic on which President Obama will make a speech today, could help the U.S. economy.

The Associated Press reports the commissioner of the Social Security Administration will leave his post in February.

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