Spend Matters Afternoon Coffee

After subpoena threat, White House budget official to testify on contractor contribution disclosure -- A White House budget official will testify Thursday at a joint congressional hearing on the Obama administration's proposal to require companies seeking federal contracts to disclose their political contributions.

Boeing to double Chinese procurement by 2015 -- U.S. aircraft maker Boeing expects to double its purchasing of raw materials and services from Chinese suppliers by 2015, said the general manager of Boeing's parts factory located in China's northern industrial city of Tianjin. Boeing Tianjin Composites Co., Ltd. currently buys 200 million U.S. dollars worth of raw materials and services from Chinese suppliers annually.

Eat your veggies.
One third of world's food is wasted, says UN study -- About one third of all food produced for human consumption goes to waste, according to a study commissioned by the United Nations food agency. That amounts to more than one billion tonnes of waste around the world every year.

Secret code word: 501c3
Squeezed Cities Ask Nonprofits for More Money -- As recession-racked cities struggle to balance their budgets with everything short of feeling behind sofa cushions for loose change, a growing number are seeking more money -- just don't use the word taxes -- from nonprofit institutions that occupy valuable land but by law do not pay property taxes.

- Sheena Moore

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