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Democrats Decline to Take Up Unfinished Spending Bills (New York Times) - The incoming Democratic chairmen of the House and Senate Appropriations Committees said they had little choice but to abandon efforts to pass the overdue bills.

Water Bills Are So Flawed City Can’t Collect Millions (New York Times) - New York City has failed to collect on millions of dollars in water bills because of records riddled with errors and outdated information.

Dems to wipe out pet projects in bills (AP via Yahoo! News) - Democrats tidying up a cluster of unfinished spending bills dumped on them by departing Republican leaders in Congress will start by removing billions of dollars in lawmakers' pet projects next month.

Bogus bills found in charity collection (Chicago Tribune) - Counterfeit $5 and $20 bills were found over the weekend in cash registers and a donation can at a Crystal Lake doughnut shop, police said Monday.

Dems to wipe out pet projects in bills (Minneapolis-St. Paul Star Tribune) - WASHINGTON -- Democrats tidying up a cluster of unfinished spending bills dumped on them by departing Republican leaders in Congress will start by removing billions of dollars in lawmakers' pet projects next month. The move, orchestrated by the incoming chairmen of the House and Senate Appropriations committees, could prove politically savvy even as it proves unpopular with other members of

HK 364-day bills' average accepted yield 3.60 pct (Reuters via Yahoo! Asia News) - HONG KONG, Dec 12 (Reuters) - The average accepted yield for 364-day Exchange Fund bills (issue number Y697) tendered on Tuesday was 3.60 percent, the Hong Kong Monetary Authority said.

3-Month Treasury Bills Hit 2-Month Low (The Tampa Tribune) - WASHINGTON - Interest rates on short-term Treasury bills were mixed in Monday's auction, with six-month bills rising and three-month bills falling to the lowest level in two months.

China c.bank issues 15 bln bills, repos (Reuters via Yahoo! Asia News) - SHANGHAI, Dec 12 (Reuters) - China's central bank said on Tuesday it sold 5 billion yuan ($639 million) of one-year bills in its regular open market operation at a fixed yield of 2.7961 percent.

Officers studying fake bills (Northwest Herald) - CRYSTAL LAKE – Police and the U.S. Secret Service are investigating counterfeit bills that surfaced at Country Donuts in Crystal Lake. Co-owner Larry Swanson said an employee discovered a counterfeit $20 bill Saturday during a routine check of a cash drawer.

Treasury Bills Scheduled for This Week (New York Times) - The Treasury?s schedule of financings this week includes today?s regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow.

 
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