| ---------------------------------------- Economy/Business News Alert: Congress approves debt deal, averts U.S. default August 2, 2011 12:44:40 PM ---------------------------------------- The Senate approved a plan, 74 to 26, Tuesday that will increase the federal debt ceiling just hours before the Treasury said it could begin running out of money to pay the government's bills. The measure now goes to President Obama, who is expected to sign it shortly. The plan will cut the national debt by at least $2.1 trillion over the next 10 years with no immediate provision for tax increases. http://link.email.washingtonpost.com/r/5O5UA2/V1O4TG/0AIYHC/9LDRU5/RYUSV/FW/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 |
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