WASHINGTON — Just hours after signing legislation to end the budget and debt-ceiling impasse and reopen the government, President Obama warned that the political crisis had set the economy back but assured investors the economy would recover as he outlined three priorities on his agenda for the remainder of the year.
Obama spoke from the White House after signing legislation that reopened the government Thursday after a 16-day shutdown, continued funding for federal agencies until Jan. 15 and raised the nation’s debt ceiling through Feb. 7, averting a default on U.S. Treasury notes. The legislation also gave back pay to hundreds of thousands of workers that were furloughed during the shutdown.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"