Here’s a roundup of this morning’s must-read budget and economic stories:
According to ABC News Radio, Republicans used their weekly address to call on Congress to get the nation’s “fiscal house in order.”
The Wall Street Journal reports that the Senate will likely vote on a $50 billion infrastructure spending plan that will be paid for through tax increases on the wealthy.
Politico says more than 200 lobbyists have contacted the debt super committee in efforts to defend their points of view.
The Washington Times reports that the Senate voted Friday to cut agriculture subsidies for farmers that earn more than $1 million.
Politico looks at the debate over cutting defense spending.
The Washington Post examines failed federal efforts to boost the U.S. housing market. The New York Times and The Wall Street Journal say the Obama Administration will announce new plans to help the market today.
The Economist looks at underfunded public and private pensions systems in the U.S.
On the opinion pages: The Wall Street Journal says the federal government should stop guaranteeing loans for McMansions.
Read Entire Story: Bankrupting America