President Obama Signs Bill

by Patrick Brennan

At about 12:30 a.m. Thursday morning, the day the federal government hit its borrowing limit, President Obama signed the legislation passed by the Senate and then the House earlier Wednesday evening, known as H.R. 2775. The federal government will be funded at the bill’s appropriations levels through January 15, 2014, and the nation’s debt limit will be suspended until February 7, 2014.

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