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President Barack Obama – The White House

Happy birthday, Mr. President!!

President Barack Obama planned to spend at least part of his 50th birthday in the Oval Office working, before celebrating at the White House with family and friends and a weekend at Camp David.

The Senate approves a debt deal bill, finally passing a deficit-cutting package Tuesday, just hours before the Treasury’s authority to borrow funds ran out.

By a margin of 74 to 26, the Senate voted to lift the government’s $14.3 trillion debt ceiling enough to last beyond the November 2012 elections.

At the White House, President Barack Obama praised the agreement.

The plan calls for $2.1 trillion in spending cuts spread over 10 years and creates a congressional committee to recommend a deficit-reduction package by late November.

Quoted from President Barack Obama – The White House on Yahoo! Search: barack obama

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