B.A. Spending Daily
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Here’s a roundup of this morning’s must-read budget and economic stories:
Moody’s has threatened to put the U.S.’s credit rating under review unless lawmakers reach an agreement in the next few weeks to raise the nation’s statutory debt limit. Bloomberg, The New York Times, Politico and The Wall Street Journal have more on this story.
Politico reports the fiscal year 2012 Homeland Security appropriations bill passed the House yesterday.
On the opinion pages: Charles Krauthammer examines how the debate over raising the debt limit is going; Alan Simpson and Erskine Bowles argue the “Gang of Six” is the best shot for a deficit agreement; and Charles Gasparino says Washington is negatively affecting the economy.