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Friday, July 12, 2013

Budget

News                                                                                                                             
CNN Money | U.S. books $117 billion surplus in June
For June, the U.S. Treasury Department reported a $117 billion surplus on Thursday, thanks to a continued uptick in revenue and a decline in spending.
Politico | Senate spending bill clears committee
A giant $164.3 billion domestic spending bill cleared the Senate Appropriations Committee Thursday after Democrats successfully fended off Republican attempts to delay President Barack Obama’s signature health care reforms.
CNN Money | Tentative student loan deal hits snag
An emerging bipartisan Senate deal to pare back rising student loan rates hit a stumbling block late Thursday, when initial cost estimates came in too high, according to multiple aides involved in the negotiations.