[caption id="attachment_7475" align="alignleft" width="300"]President Obama Signs Budget On Monday President Obama Signs Budget On Monday[/caption] First the good news: the House and Senate passed a new budget deal last week that suspends the debt limit until 2017 and increases funding levels for a number of federal programs. President Obama signed the deal into law on Monday, avoiding a government debt default and reducing the risk of a government shutdown in December.