Budget and economic news roundup

News Roundup | March 15, 2011

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

According to The Associated Press the House is expected to pass a three week continuing resolution today that will keep the government funded through April 8. The Hill, Politico, Roll Call and The Wall Street Journal say conservatives aren’t happy with the short-term measure.

House Majority Leader Eric Cantor (R-VA) promised yesterday that this temporary CR (the sixth so far for this fiscal year) will be the last. The Hill has the details.

The New York Times takes a look at how the temporary budget measures have affected government agencies while The Washington Post looks at how they’ve affected the public’s view of the federal government.

What’s off the table when it comes to spending cuts? According to Politico, for President Obama it’s education spending. And, according to Roll Call, for Congress it’s leadership expense funds.

Roll Call says House members are already rethinking their ban on earmarks.

The New York Times highlights a new tool by the group Third Way that lets taxpayers see how much of their tax bill goes to each federal department.


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