Here’s a roundup of this morning’s must-read budget and economic stories:

Failing to pass a budget has consequences: The Hill says the Capitol Hill police force may face problems if Congress fails to pass fiscal year 2011 spending legislation. (Right now the federal government is being funded through a continuing resolution.) And the Los Angeles Times explores the broader impact of Congress’s failure to pass the fiscal year 2011 spending bills.

Washington Post columnist Harold Meyerson says most of the money from the 2009 stimulus remains unspent.

Retiring-Rep. John Shadegg says the Republican Party is “on probation,” especially when it comes to spending and earmarks.