Obama signs bill to raise debt ceiling after Senate approval

President Barack Obama signed legislation that raises the debt ceiling and cuts spending by trillions of dollars over a decade, hours before the government was set to default. Obama's signature followed a 74-26 vote by the Senate, with solid support from both political parties. The Treasury was given authority to borrow an additional $400 billion.

View Full Article in:

Washington Post, The · TheFiscalTimes.com · Christian Science Monitor, The

Published in Brief: