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

It’s been over three years since Congress has passed a budget. The obstacle to getting a budget enacted: the U.S. Senate. Both President Obama and the House of Representatives have met their obligations, issuing budget proposals each year, while the Senate sits on its hands.

The president outlined a small legislative agenda yesterday while visiting the State University of New York in Albany. The “to-do” lists contained five measures to foster job creation in the country. The measures were designed to have a direct impact on the middle-class, but little is known about their overall cost.

There has been much debate about cutting the expenses of government. A good start may be to re-examine the job training programs that cost the taxpayers billions training workers for jobs that don’t exist.

According to the Economist, when asked how much excessive spending on things like the GSA Las Vegas conference contributed to the debt, 12% of adults said “not much at all”; 31% said “not very much”; 38% said “quite a bit”; and 20% said “a lot.”

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.

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