Politico and Reuters report the House Appropriations Committee has approved the lowest discretionary spending cut in a decade.

Reuters says the president wants the Senate to make cuts to its farm bill. The Associated Press and Politico look at the Senate’s overall deliberations on the bill.

The Conference Board’s index of leading indicators, which gauges future economic growth, increased 0.6 percent in April.

On Friday, the Congressional Budget Office released its score of President Obama’s budget. According to the CBO, the budget raises $6 in tax for every $1 in spending cuts.

It’s time for our weekly link roundup where we dish on our favorite posts from around the Web. This week we’re looking at some serious scandals, government overreach and entitlements.