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Obama Signs Budget Deal Giving Pentagon Two Years of Stability

Valerie Insinna
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President Barack Obama on Monday signed the Bipartisan Budget Agreement into law, increasing spending caps for defense and non-defense accounts for the next two years and raising the debt limit just one day before deadline.The agreement “should finally free us from the cycle of shutdown threats and last-minute fixes,” Obama said before signing the bill.However, the defense budget is not yet in the clear. The next hurdle for Congress to clear will be passing an omnibus appropriations bill before the…

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