Government Spending

Senate Democrats Unveil 10-Year Spending Plan
www.newsmax.com
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Ryan Proposes Caps on Defense Spending
online.wsj.com

Rep. Paul Ryan proposed a Republican budget blueprint that included caps on defense spending, a shift for his party that could provide a point of compromise with Democrats.

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Conservatives Could Derail Senate Spending Bill
www.newsmax.com
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House and Senate Working on Budgets
www.nytimes.com

Despite the fact that the spending plans will be miles apart ideologically, there are signs that some sort of compromise might be possible.

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Day 7 of spending cuts and the sky isn't falling . . . yet
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After officially one week of forced spending cuts, we’ve seen no major changes, John Berman says. But “cuts are coming.”

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Boehner Still Links Debt Ceiling, Cuts
online.wsj.com

House Speaker Boehner said he would continue to insist that the next debt-ceiling increase be accompanied by matching spending cuts, raising the prospect of a showdown when the borrowing limit expires this spring.

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Rhetoric Cools on Cuts' Near-Term Pain
online.wsj.com

After warning that across-the-board spending cuts would have catastrophic effects, White House officials are trying to play down fears that people will suffer hardships right away.

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