WASHINGTON—President Barack Obama on Nov. 2 signed into law a bipartisan budget bill that avoids a catastrophic U.S. default and puts off the next round of fighting over federal spending and debt until after next year’s presidential and congressional elections.
Obama praised the rare bipartisan cooperation behind the deal, saying that 2-year agreement puts the government on a responsible path.
It should finally free us from the cycle of shutdown threats and last-minute fixes and allows us to, therefore, plan for the future.
