Economy/Business News Alert: Budget Office says debt deal will save at least $2.1 trillion

---------------------------------------- Economy/Business News Alert: Budget Office says debt deal will save at least $2.1 trillion August 1, 2011 11:37:07 AM ---------------------------------------- The Congressional Budget Office confirmed Monday that the debt-reduction deal struck by the White House and congressional leaders would cut deficits by at least $2.1 trillion over the next 10 years, if lawmakers approve the plan later Monday. The independent budget analysts reconfirmed that it contains up front savings of $917 billion, the same level as initially proposed in legislation offered by House Speaker John A. Boehner (R-Ohio) last week, and it credited President Obama and the leaders with at least $1.2 trillion in savings for the follow-on work to be done by a special committee. http://link.email.washingtonpost.com/r/LI37JS/RNBAZI/7XFRC5/XE0492/2P6F5/36/h For more information, visit PostBusiness.com ---------------------------------------- Get a unique daily review and analysis of the debt, deficit and economy debate. Sign up for Behind the Government Showdown: http://www.washingtonpost.com/ac2/wp-dyn?node=admin/email/express&action=subscribe&newsletter_code=GVTSHTDN ---------------------------------------- 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