// IP Marketing video - START// IP Marketing video - END

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
The strong scale-up of treatment has seen annual AIDS-related deaths drop by 45% to 1.1 mln in 2015 from a peak of about 2 mln in 2005.
Purchased in bulk from Armenia, Absolut vodka, Johnnie Walker scotch and counterfeit Grey Goose are among the popular labels.
German lawmakers voted to extend the country’s military support for the global coalition fighting the Islamic State group until late 2017.
Mitigating civilian casualties remains a “key component” of the anti-IS air campaign in Syria and Iraq, the military emphasized.
Partner news