Next Up: The Debt Limit And The 2012 Budget
President Barack Obama signed a short-term continuing resolution spending bill that will pay for the federal government to continue operating through Friday. The measure is the first piece of a bipartisan agreement to cut billions in spending and avoid the first government shutdown in 15 years.
Obama signed the temporary extension in private Saturday; the White House announced it with a news release. The measure will keep the federal government running long enough for Congress to hold a vote later this coming week on the budget deal reached hours before Friday's midnight deadline by Obama, House Speaker John Boehner (R-OH) and Senate Majority Leader Harry Reid (D-NV).
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