Economy/Business News Alert: Harry Reid's debt deal defeated

---------------------------------------- Economy/Business News Alert: Harry Reid's debt deal defeated July 31, 2011 1:32:23 PM ---------------------------------------- As expected, Senate Majority Leader Harry Reid's deal to raise the debt ceiling by $2.2 trillion was defeated in the Senate on Sunday afternoon. But Senate leaders and the White House continued on Sunday to craft the outlines of a deal to avoid default on Aug. 2 that seemed to be gaining momentum. http://link.email.washingtonpost.com/r/GWSCIY/JINBZ0/PTA2SU/YQCT7F/GVWQ1/9A/h For more information, visit PostBusiness.com ---------------------------------------- Get The Washington Post app for iPad, iPhone or iPod Touch. http://itunes.com/apps/thewashingtonpost ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071