Obama signs budget bill that lifts threat of U.S. debt default. Rough Cut (no reporter narration)
ROUGH CUT (NO REPORTER NARRATION) STORY: President Barack Obama on Monday signed into a law a two-year budget blueprint passed by Congress last week that also lifts the threat of a default on U.S. government debt. In a brief signing ceremony in the Oval Office, Obama noted lawmakers would still need to pass spending bills, but said he was confident they could get them done on time, and that the bill should free the nation from last-minute government shutdown threats. "I think it is a signal of how Washington should work, and my hope is now that they build on this agreement with spending bills that also invest in America's priorities without getting sidetracked by a whole bunch of ideological issues that have nothing to do with our budget," Obama said.