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Obama signs bipartisan budget, defence bill

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ANI Washington

President Barack Obama has signed a bipartisan federal budget bill, averting the risk of a government shutdown in January.

Obama signed the bill that provides a broad outline for the federal budget through 2015 and eases some of sequestration's cuts.

The Bipartisan Budget Act restores a total of 63 billion dollars in discretionary funding to the Defense Department and some domestic agencies in 2014 and 2015.

It also includes 85 billion dollars in deficit reduction.

According to Politico, when Congress returns in January, lawmakers will still need to approve a bill that authorizes spending through the end of the fiscal year.

Vacationing in Hawaii on Thursday, Obama also signed the 2014 National Defense Authorization Act.

 

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First Published: Dec 27 2013 | 12:19 PM IST

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