NEW : Geithner calls the deal a good result of a terrible process . Moody 's maintains an AAA rating for U.S. credit , for now . Obama signs the debt ceiling bill into law . Obama 's signature capped a tumultuous negotiation with congressional leaders that spanned months before finally coming up with an agreement on Sunday , two days before the government said it would run short of money pay its bills while lacking the authority to borrow any more . CNN reports that it will be signed by President Barack Obama on Friday at noon ET.
NEW : Geithner calls the deal a good result of a terrible process . Moody 's maintains an AAA rating for U.S. credit , for now . Obama signs the debt ceiling bill into law . CNN reports that it will be signed by President Barack Obama on Friday at noon ET.