Economy/Business News Alert: Obama to announce new deficit-reduction plan Sept. 19

Thursday, September 8, 2011

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Economy/Business News Alert: Obama to announce new deficit-reduction plan Sept. 1
September 8, 2011 7:38:40 PM
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In a speech Thursday night to a joint session of Congress in which he introduced a $447 billion jobs plan, President Obama also said he would launch a new debt-busting initiative a week from this Monday, or Sept. 19.

The announcement comes as the 12-member supercommittee aimed at finding $1.2 trillion in deficit savings by Thanksgiving met for the first time on Thursday.

"A week from Monday, I'll be releasing a more ambitious deficit plan – a plan that will not only cover the cost of this jobs bill, but stabilize our debt in the long run," Obama said.

http://link.email.washingtonpost.com/r/JDFA9Q/EWS2H8/45S96Z/53OZ0M/K4ZIF/PJ/h

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