A roundup of this morning’s must-read budget and economic stories.

On the 3rd anniversary of operating without a budget, the Senate announced today that it has considered a proposal, passed the resolution and is waiting on action from the House.

“Our rendezvous with reality has arrived,” said Governor Pat Quinn of Illinois. He was referring to the mounting fiscal issues facing the state as it goes further and further into debt. But, the state did not arrive at the edge of insolvency without a number of missteps along the way.

Motivation. It is what pushes us to excel in our endeavors. On Capitol Hill though, motivations take on a different meaning. Motivation can cause members to push bills through Congress, to make tough choices for thebetterment of the country, or – as is the case today – do nothing.

Today, April 17th, 2012 is tax day. It marks the end of fiscal things 2011 for individuals across the country, and the beginning of fiscal year 2012 work for accountants everywhere. You’ve (hopefully) paid your taxes. But, how have things changed in the past year?

A roundup of this morning’s must-read budget and economic stories.

Student loans in the US have now passed auto loans and credit cards as the largest single category of American debt.

“President Obama signed a bill preventing members of Congress from profiting from insider trading. Didn’t you think that was already illegal?” –Jay Leno

Bonuses are normal in the workplace. They reward a good work ethic, dedication and creativity on projects. But what are they rewarding at the GSA?