Brown Defends Deficit Reduction Plan

Wall Street JournalLONDON — The U.K.’s deficit reduction plan is more “detailed” than those of most other countries, British Prime Minister Gordon Brown said Friday.Speaking at a press conference at the end of a European Council meeting in Brussels, Mr. Brown said he believes the markets understand that the U.K. must get the economy back to growth, as well as drive down its deficit over time.”I… Read more

House approves $447 billion omnibus spending measure

Washington PostThe House voted Thursday to approve half a dozen spending bills contained in one large package, as the chamber races to complete its work before adjourning for the year.The $447 billion measure, which combines six appropriations bills, passed 221 to 202, with 28 Democrats joining all 174 Republicans present in opposing it. GOP lawmakers said the measure was overinflated and rushed… Read more