Here’s a roundup of this morning’s must-read budget and economic stories:

CNN looks at the cost of interest payments on the U.S. debt.

According to The Hill, a bipartisan group of about 10 House lawmakers has been meeting to try to come up with a deal to cut the budget deficit by reforming entitlements and raising revenues.

The Associated Press looks at whether spending on transportation projects creates new jobs. On his “Economics One” blog John Taylor discusses the economic benefits of fiscal stimulus.

Reuters says AIG is selling off part of its business to repay taxpayers for the federal bailout the company received.

On the opinion pages: The Wall Street Journal says lawmakers should consider getting rid of the Export Import Bank.

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