Obama signs budget, debt deal before default deadline
President praises bipartisan cooperation behind the bill as 'a signal of how Washington should work'
- Topics:
- U.S.
- Congress
- Barack Obama
- Debt Ceiling
- Shutdown
President praises bipartisan cooperation behind the bill as 'a signal of how Washington should work'
The budget and debt deal averts a catastrophic national default, sets federal budget for next two years.
Analysis: Deal between GOP and Democrats is a sign of what can – and can’t – get done in today’s Washington
President warns that a quick debt limit increase is needed to avoid wider economic damage
The debt limit debate is meaningless unless it accounts for the government’s extensive assets
Analysis: The Congressional Progressive Caucus releases an alternative budget, hoping to shape Democratic Party’s agenda
The must-pass legislation, to allow the US to borrow money to pay its bills, awaits the president's signature
In a major capitulation, GOP retreats from strategy of asking for concessions in exchange for debt limit hike
Speaker Boehner’s capitulation marks retreat from major GOP strategy of asking for concessions
Jack Lew said country is again close to defaulting on its debts if it doesn’t raise the borrowing limit