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

Video report by Al Pessin

Video Iran, US Hold Nuclear Talks Ahead of Deadline

Negotiators, to be joined by other P5+1 members, launch final round of talks as March 31 deadline to reach framework deal nears More