Obama signs $1.1 trillion bill to finance government

Obama signs $1.1 trillion bill to finance government

PanARMENIAN.Net - U.S. President Barack Obama signed a $1.1 trillion bill to finance the government through Sept 30.

It clears the way for lawmakers to focus on the next potential fiscal showdown: Raising the federal debt ceiling, Bloomberg reports.

Congress as soon as next month will be confronted with the need to increase borrowing authority, risking a repeat of the partisan discord that last year and in 2011 took the U.S. to the brink of default.

While it remains to be seen whether the cross-party cooperation will carry over to the debt limit debate, senators hailed the final passage of the $1.1 trillion spending bill as a breakthrough, according to Bloomberg.

“In today’s era of shutdown, slowdown, slam-down politics, where negotiating occurs on cable TV rather than in committee rooms, we worked together,” Senate Appropriations Chairwoman Barbara Mikulski, a Maryland Democrat, said before the vote. “We looked at how we could put together a bill that both sides of the aisle in both houses could agree upon.”

The Democratic-led Senate voted 72-26 to clear the spending measure yesterday, a day after the Republican-led House passed it, 359-67.

Obama’s budget director, Sylvia Mathews Burwell, called passage of the legislation “a positive step forward for the nation and our economy.” In a statement last night, she cited funding for education, infrastructure and innovation.

 Top stories
"We are concerned about the state of the European project," the foreign ministers of the Six said in a statement after talks.
The Siege Watch report says 1.09 million people are living in 46 besieged communities in Syria, far more than the 18 listed by the UN.
Rebel-held areas in and around Aleppo are still home to 350,000 people, and aid workers have said they could soon fall to the government.
The launch would be in defiance of repeated warnings by governments who suspect it is a banned test of ballistic missile technology.
Partner news