World News

Obama Signs Bipartisan Budget Deal

President Barack Obama speaks to members of the military and their families at a Marine Corps Base Hawaii, Dec. 25, (AP Photo/Carolyn Kaster)President Barack Obama speaks to members of the military and their families at a Marine Corps Base Hawaii, Dec. 25, (AP Photo/Carolyn Kaster)
x
President Barack Obama speaks to members of the military and their families at a Marine Corps Base Hawaii, Dec. 25, (AP Photo/Carolyn Kaster)
President Barack Obama speaks to members of the military and their families at a Marine Corps Base Hawaii, Dec. 25, (AP Photo/Carolyn Kaster)
VOA News
President Obama has signed the bipartisan budget agreement negotiated by Congress earlier this month.

Obama signed the bill Thursday while on vacation with his family in Hawaii.

The budget gives Washington a two-year reprieve from the budget wars that halted federal operations for 16 days in October.

The Republican-controlled House has quarreled with Obama, a Democrat, over his spending proposals.

The new pact will ease some of the budget-cutting that Congress earlier agreed to, and will trim $23 billion from the country's $17 trillion debt over the next decade.

But budget negotiators again avoided dealing with other contentious financial issues, including an overhaul of the country's complex tax code and the burgeoning growth in spending for health care and pensions for older Americans.

FEATURED STORY

Generosity Overwhelms Quake-Stricken Nepal

Multimedia Quake Overwhelms Nepal

VOA's Steve Herman describes the scene in Kathmandu, where quake survivors persevere despite death toll, which now exceeds 4,300 More

UNOCHA
Steve Herman
UN Development
Steve Herman
Steve Herman
Steve Herman
UNOCHA
UNOCHA
Steve Herman
United Nations