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Obama Signs $1.1 Trillion U.S. Government Spending Bill

President Barack Obama signed a $1.1 trillion bill to finance the U.S. government through Sept. 30. It clears the way for lawmakers to focus on the next potential fiscal showdown: Raising the federal debt ceiling.

Congress as soon as next month will be confronted with the need to increase borrowing authority, risking a repeat of the partisan discord that last year and in 2011 took the U.S. to the brink of default.