Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- Speaker of the House John Boehner’s (R-OH) plan for raising the federal debt ceiling was met yesterday “with misgivings by some conservatives and skepticism by many GOP freshmen,” which “called into question whether Boehner could even get his own caucus to back his approach.” [Washington Post]
- Rep. Jim Jordan (R-OH), chairman of the ultra-conservative Republican Study Committee, said yesterday that he will vote against Boehner’s plan, even though he stood on a podium with Boehner as Boehner announced it. [The Hill]
- Would U.S. credit be downgraded even if Boehner’s plan passed? [Huffington Post]
- A new report from the Joint Economic Committee shows that “despite the recent slowdown in national job rates, 32 states and the District of Colombia saw an increase in private-sector growth in June.” [The Hill]
- According to a new Washington Post-ABC News poll, “roughly as many people blame Republican policies for the poor economy as they do Obama. But 65 percent disapprove of the GOP’s handling of jobs, compared to 52 percent for the president.” [Washington Post]
- “This year, U.S. companies will spend more than $130 billion as a result of data breaches,” according to data from the the Ponemon Institute, a cybersecurity research organization, which is “more than triple what companies spent combating breaches in 2006.” [CNN Money]
- The British economy grew at a paltry 0.2 percent in the second quarter, which “may put new pressure on the government and the Bank of England to take steps to quicken up the pace of recovery.” [Associated Press]
- Research from the Urban Institute shows “that the unemployment rate for both men and women in their 50s ticked up last year, with older men lacking college degrees being hardest hit.” [McClatchy]
- Gov. Jerry Brown (D-CA) signed legislation yesterday “allowing undocumented college students to access private financial aid for college, calling the new law “another piece of an investment in people.” [Los Angeles Times]
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