Thursday, October 17, 2013

Government Shutdown: Obama Signs Bill To Reopen Government, End Debt Standoff

The government shutdown is dead. Obamacare is alive.

The Senate voted 81 to 18 Wednesday night to reopen the federal government and raise the nation's borrowing limit, hours before the Treasury Department faced the possibility of being unable to pay all of America's bills for the first time in modern history.

The House followed suit, voting 285-144, to end the latest damaging battle of divided government in a polarized Congress.

President Barack Obama signed the legislation early Thursday. He said he would reopen the government immediately to "lift this cloud of uncertainty and unease" that settled on the nation and start fixing the damage.

"There is a lot of work ahead of us, including our need to earn back the trust of the American people that has been lost over the last few weeks," Obama said in a brief speech at the White House.

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