Econ 101: February 25, 2013

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.

  • The White House yesterday released a report detailing the consequences of budget cuts scheduled for March. [CNN]
  • According to a poll, the public opposes most of the cuts that are included in the so-called “sequester.” [The Hill]
  • Business economists do not expect much economic growth in the U.S. this year, but have better feelings about 2014. [Associated Press]
  • Hiring is picking up on the housing and auto sectors. [Bloomberg]
  • The UK government won’t turn away from austerity. [Bloomberg]
  • The Senate Finance Committee will vote on Jack Lew’s nomination to be the next Treasury Secretary this week. [Reuters]
  • Major banks are cashing in on the payday loan business. [New York Times]