President Obama Signs Budget, Defense Bills

by Scott Neuman

December 26, 2013 4:50 PM

President Obama speaks to current and retired members of the U.S. military and their families as they eat a Christmas Day meal in the Anderson Hall mess hall at Marine Corps Base Hawaii on Wednesday.President Obama speaks to current and retired members of the U.S. military and their families as they eat a Christmas Day meal in the Anderson Hall mess hall at Marine Corps Base Hawaii on Wednesday.

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President Obama on Thursday signed the bipartisan budget bill agreed upon earlier this month, setting the stage for an easing of mandatory spending cuts over the next two years.

The , following its passage in the Republican-dominated House.

The president also signed the National Defense Authorization Act for fiscal 2014.

As The Associated Press reports:

“Obama signed the bill Thursday while vacationing in Hawaii. The deal reduces across-the-board cuts already scheduled to take effect, restoring about $63 billion over two years. It includes a projected $85 billion in other savings. Continue reading “President Obama Signs Budget, Defense Bills”