B.A. Spending Daily
Here’s a roundup of the latest must-read budget and economic stories:
The Associated Press note that the Senate will vote today on legislation already passed by the House that will suspend the debt ceiling.
According to preliminary analysis, the economy contracted slightly in the fourth quarter of 2012. The Associated Press, The New York Times, The Wall Street Journal, The Washington Post have the story.
The Hill says the economic news won’t affect lawmakers’ deliberations of the sequester spending cuts.
Politico says Republicans are not afraid to cut defense spending.
According to Reuters, businesses are worried about what tax increases Presdient Obama might include in his fiscal year 2014 budget.