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Monday, May 6, 2013

Budget

News                                                                                                                             
Politico | House and Senate can’t agree on budget process
House and Senate negotiators have reached an impasse over how to move forward on their respective budget proposals — making any chance of a compromise budget deal to slash the deficit less likely.
Politico | House GOP may link debt cap, tax reform
They’ve used massive spending cuts to attract support. Earlier this year, they raised the nation’s borrowing limit with a stipulation that Senate Democrats would, for the first time in years, pass a budget or risk their paychecks.
National Journal | Debt-Ceiling Fight May Flare This Week
The brewing debt-ceiling showdown still looms weeks—if not months—away, but hostilities will begin flaring this week as House Republicans push action on a bill signaling no retreat from their demand for spending cuts as a condition to any ceiling hike.
CNN Money | One spot where government spending is going up
Amid constant stories of sequester-related cuts, here's a rare place where the government is increasing its spending: The Bureau of Labor Statistics recently ramped up its monthly survey of businesses, leading to the highest response rate on record for the February jobs report.