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Obama signs $1.1 trillion government spending bill

By Darlene Superville

Associated Press

POSTED:
LAST UPDATED: 01:38 p.m. HST, Jan 17, 2014


WASHINGTON » President Barack Obama today signed a $1.1 trillion spending bill that funds the federal government through the end of September.

Obama put his signature on the 1,582-page measure the day before federal funding was set to run out. He made the short walk from the White House to sign it at a nearby conference center, saying he wanted the ceremony held there because the bill is the product of the hard work of the many budget office employees who work there.

"We would not be here and we would not be able to sign this legislation if it hadn't been for your work and your dedication," the president said. "And so this is my way of saying thank you."

He noted that many budget office employees were furloughed during last October's 16-day government shutdown and that those who remained on the job had to pick up the slack.

"Across the board, our government is going to be operating without, hopefully, too many glitches over the next year," Obama told budget office employees who attended the bill signing. "And not only is that good for all of you and all the dedicated public servants in the federal government but, most importantly, it's good for the American people."

"It means that we can focus our attention where we need to, on growing this economy and making sure that everybody gets a fair shot as long as they try," he said.

The compromise measure passed both houses of Congress this week by overwhelming margins. It funds every agency of the federal government and also scales back automatic across-the-board spending cuts, known as the sequester, that hit the Pentagon and major domestic programs last year.

The measure calls for less spending than Obama had proposed but more than Republicans sought. However, lawmakers of both parties were determined to avoid a repeat of the political showdown that caused the government shutdown.

Before he sat down, Obama looked at the blue box that held the bill and exclaimed: "Goodness gracious, that is a big piece of business. That is a big bill."







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AhiPoke wrote:
If you're wondering why so many people are smiling and applauding, government is all about spending money as greedy people , both in and out of government, feed at the trough.
on January 17,2014 | 12:54PM
hanabatadayz wrote:
is anyone in hawaii proud that he is our president?..i haven't heard anyone say nice things about him here..i kinda wish he wasn't from here..i guess he must be getting ready for his next taxpayer paid vacation to another country now that he signed something
on January 17,2014 | 01:28PM
cojef wrote:
Martha's Vineyard was their other choice in the past.
on January 18,2014 | 07:52AM
entrkn wrote:
I live in Hawaii and I am proud that he is our President. Anyone who feels differently should step back and take a good long look at all that he has done and achieved in spite of all the odds and opposition against him and his efforts...
on January 18,2014 | 09:07AM
hanabatadayz wrote:
what has he really done and achieved?..the obamacare is a big failure..when everyone thinks about president obama..all people will remember of him is he that loves to travel and doesn't care how much taxpayer money it is costing us..the only thing people from hawaii should be proud of is that he is from hawaii and he made it to president..but is he a good president?..definitely not..you know the only reason he made president is because he is black
on January 18,2014 | 09:51AM
MakaniKai wrote:
Holy Sh * t !
on January 17,2014 | 01:32PM
peanutgallery wrote:
Unbelievable. This guy is bent on destroying America. What a sad day for blacks in America. First represented by a guy who couldn't manage anything but lying and spending us into oblivion. If he was white; wouldn't we be talking impeachment already? Of course we would.
on January 18,2014 | 12:38AM
Kaimiloa wrote:
Unbelievable. This guy signed off on a budget passed by both houses of Congress.
on January 18,2014 | 10:11AM
false wrote:
For every dollar the government spent last year, they had to borrow 40 cents of it from China. I wonder how much of each dollar spent this year will be borrowed.
on January 18,2014 | 06:45AM
HD36 wrote:
With a $17.4 trillion national deficit, and $1 trillion annual deficits as far as the eye can see, interest rates can never normalize and savers will be pushed further out on the risk curve. The Federal Reserve is now the largest holder of US Treasury Bonds and must buy $75 billion a month to keep the rates at historic lows. The media has a recency bias of reporting things without historical context. If you look back 32 years, the rates have been artificially pegged, spiking downward through Fed intervention after each bubble in order to fuel another one. The Fed lowered rates after the 1987 crash, the 2000 crash, the 2008 real estate/ financial crash, all with the consequence of providing hedge funds, like Bain Capital to make $175 million in three days doing leverage buy outs with 18% equity from a credit warehouse. In other words, the Fed, led on a leash by Wall Street, and the government through K street, has increased the wealth of the top 1% while indebting every unborn child more than $50k.
on January 18,2014 | 07:02AM
cojef wrote:
Well there's only one solution, vote those scoundrels out of office. However, with what or whom? They all are progressive liberals so, the beat goes on. All entitlements should be scrutinized and reduced 50% and WOW, there sure would make a difference. Entitlements include tax allowances and concessions to business, especially the oil and agricultural interests.
on January 18,2014 | 08:00AM
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