Economy/Business News Alert: Revised House debt bill would save $915 billion, CBO says

Wednesday, July 27, 2011

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Economy/Business News Alert: Revised House debt bill would save $915 billion, CBO says
July 27, 2011 6:31:24 PM
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House Republicans dug even more sharply into agency budgets to raise the size of their debt-reduction package to $915 billion over the next decade, according to the nonpartisan Congressional Budget Office. While it includes less than the $1.2 trillion in advertised savings, the revised measure meets House Speaker John A. Boehner's demand that spending cuts exceed the size of the $900 billion debt limit increase.

http://link.email.washingtonpost.com/r/IKR2QE/405DLC/SGM7FT/AT4GQ8/GVVM0/JY/h

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