Obama Signs Budget Deal Increasing Spending
Not much of a surprise
President Barack Obama has signed a bipartisan budget bill easing automatic spending cuts over two years, marking a modest end to a challenging year for the White House and Congress.
Obama signed the bill Thursday while vacationing in Hawaii. The deal reduces across-the-board cuts already scheduled to take effect, restoring about $63 billion over two years. It includes a projected $85 billion in other savings.
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