Econ 101: March 12, 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.

  • Rep. Paul Ryan (R-WI) outlined the House Republican budget, which he will formally unveil today. [Wall Street Journal]
  • Mary Jo White, President Obama’s nominee to head the Securities and Exchange Commission will appear in front of the Senate Banking Committee today. [Reuters]
  • Top Senate Democrats and Republicans have reached a deal on a measure to avoid a government shutdown. [The Hill]
  • House Republicans’ top tax-writer is set to introduce a small business tax reform plan. [Reuters]
  • Britain’s Labour Party leader is calling on the government to abandon austerity. [CNBC]
  • Since the financial crisis, the FDIC has reached settlements with banks without announcing them to the public. [Los Angeles Times]
  • The Securities and Exchange Commission is accusing Illinois of securities fraud for misleading investors about the condition of its public pension system. [New York Times]