US avoids default as Obama signs debt bill into law
Found on BBC News on Monday, 01 August 2011
The bill's signing came roughly 10 hours before the expiry of a deadline for Washington to raise its borrowing limit.
He urged Congress to now look to boost the economy through measures to create jobs and increase consumer confidence.
Some Democratic and Republican lawmakers have bitterly opposed the legislation in recent days, saying it offered too much of their opponents' agenda.
That's what I love about politicians: instead of getting their act together, they fight like little kids about who got more candy.