President Barack Obama signed into law a measure ending the 16-day U.S. government shutdown and extending the nation’s borrowing authority until early next year, the White House said today in a statement.
The measure was passed by wide margins in the House and Senate last night, ending a weeks-long fiscal stalemate between the Obama administration and Republicans in Congress. The bill passed on an 81-18 vote in the Democratic-led Senate, followed by a 285-144 vote in the Republican-controlled House.
U.S. government workers are to return to their jobs today, the White House Office of Management and Budget said last night in a statement.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.