Obama signs measure averting default, ending shutdown - 13 WTHR Indianapolis

Obama signs measure averting default, ending shutdown

Updated:
WASHINGTON -

President Barack Obama has signed a measure into law reopening the federal government and averting a potential default.
 
The White House says Obama signed the bill early Thursday, hours after the House gave final approval.
 
Passage of the bill late Wednesday in the House and Senate ended a Washington-created crisis that closed much of government for 16 days. It came on the eve of the date the Treasury Department warned it would no longer be able to borrow to pay the government's bills.
 
The legislation was carried to passage in the House by strong support from Democrats and 87 yes votes from majority Republicans who had originally sought to use the measure to derail Obama's three-year-old health care law.

The Senate vote was 81-18 Wednesday night.

Senate passage came several hours after Majority Leader Harry Reid and Minority Leader Mitch McConnell announced the bipartisan compromise.

The legislation will reopen the government through Jan. 15 and permit Treasury to borrow normally through Feb. 7.

Obama says once these issues are resolved, he wants to move forward this year on immigration, farm legislation and a larger budget deal.

Sylvia Mathews Burwell, the director of the Office of Management and Budget, says all furloughed workers should return to work on their next scheduled work day. For most workers, that's Thursday morning.

Burwell says the administration will work with agencies to transition back to full operating status as smoothly as possible. She's thanking federal employees for continuing to serve the American people.

The partial government shutdown started Oct. 1. The U.S. was to reach its debt limit Thursday if no deal was reached.
 
As the deal neared final passage in the House Wednesday, Obama said it was now time for leaders in Washington to win back the trust of Americans that was lost during the debt-and-spending crisis.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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