President Obama signs the spending deal covering the remainder of the current fiscal year . The deal includes spending reductions totalling $ 100 billion . The measure passed both houses of Congress on time . `` Nevertheless , my administration will work with the Congress to seek repeal of these restrictions , will seek to mitigate their effects , and will oppose any attempt to extend or expand them in the future . '' Political leaders are now turning their attention to the debt ceiling and the fiscal year 2012 budget .
President Obama signs the spending deal covering the remainder of the current fiscal year . The deal includes spending reductions totalling $ 100 billion . The measure passed both houses of Congress on time . Political leaders are now turning their attention to the debt ceiling and the fiscal year 2012 budget .