B.A. Spending Daily

News Roundup | June 3, 2011

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.

After meeting with Congressional Republicans on Wednesday, President Obama met with Democrats on Thursday. CNN, The Hill, Politico and The Washington Post report on the discussion.

The Hill, Los Angeles Times and Politico have the details of a meeting Treasury Secretary Timothy Geithner had Thursday with House Republican freshmen.

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.

 

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