Senate Passes Debt-Ceiling Bill, President Obama to Sign Into Law

The U.S. Senate has voted to approve the compromise deal to raise the nation’s debt limit and trim government spending by $2.4 trillion over the next decade, just hours before the country was headed for its first-ever default.

Senators voted 74 to 26 to pass the Budget Control Act, which was first approved by the House Monday night. The bill now goes to President Obama’s desk for his signature.

Obama, who is expected to deliver a Rose Garden statement shortly, will sign the package into law later today, the White House said, ending a bruising Washington-made crisis and lifting what the administration has called a “cloud of uncertainty hanging over the economy.”

Read the Rest at  Senate Passes Debt-Ceiling Bill, President Obama to Sign Into Law – ABC News.

About Albert N. Milliron 6987 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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