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Friday, September 16, 2011

Budget

News                                                                                                                             
CNN Money | Obama to lay out debt reduction plan
President Obama's debt reduction plan is set to land Monday in the laps of the 12 members of the Congress' bipartisan debt committee.
WSJ | Debt Showdown in Alabama
Jefferson County Presses for Concessions in Sewer Debt as Bankruptcy Vote Looms.
CNN Money | IMF chief: Advanced economies crushed by debt
International Monetary Fund Managing Director Christine Lagarde sounded the alarm Thursday that global economies are in a "dangerous phase," in her first major speech in Washington since taking over as fund chief.
Politico | House GOP eyes year-end omnibus
Reversing their past rhetoric, House Republicans are actively considering plans to bundle the 12 annual appropriations bills into a single omnibus package that meets spending targets set in the August budget accord and can be enacted before the December showdown over further deficit reduction.
National Journal | Plenty of Plans Out There for Super Committee to Ponder
To say the super committee is under a time crunch, may be the biggest political understatement this fall—especially given the group’s growing, hypothetical to-do list of deficit reduction, tax reform, and job creation.