President Obama Signs Bipartisan Budget Bill

Politics Reuters

U.S. President Barack Obama speaks about new sanctions imposed on Russia as he departs the White House in Washington July 29, 2014. Obama said on Tuesday the United States has expanded sanctions against Russia over its support for rebels in eastern ... Ukraine, unveiling the steps after the EU agreed to its own new measures against Moscow hours earlier. REUTERS/Joshua Roberts (UNITED STATES - Tags: POLITICS) - RTR40KIM (Reuters)

President Barack Obama on Monday signed into a law a two-year budget blueprint passed by Congress last week that also lifts the threat of a default on U.S. government debt.

Continue Reading Below

In a brief signing ceremony in the Oval Office, Obama noted lawmakers would still need to pass spending bills, but said he was confident they could get them done on time, and that the bill should free the nation from last-minute government shutdown threats. (Reporting by Julia Edwards and Roberta Rampton; Editing by Mohammad Zargham)

What do you think?

Click the button below to comment on this article.