Tax, spending divide hampers deficit cut push

WASHINGTON (Reuters) – Two more proposals to cut the budget deficit emerged on Monday, underscoring a deep divide on taxes and spending that is likely to blunt the impact of a plan due in two days from a presidential panel. Read more

Pence embraces flat tax

He’s working hard to cultivate support among the fiscal conservatives that are driving the tea party. Read more…

Fed’s James Bullard says funding of consumer bureau a worry

WASHINGTON (Reuters) – St. Louis Federal Reserve President James Bullard said on Monday funding for a consumer protection office established under regulatory reform laws is not based on a clear sense of how much the bureau needs and is a source of concern. Read more