Pres. Obama signs budget bill into law

CREATED Dec. 27, 2013 - UPDATED: Dec. 27, 2013

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KAILUA, HI -- President Obama has signed several bills into law, including the bi-partisan budget deal.

The president signed the bills at his vacation home in Hawaii.

This comes a week after the Senate approved the two-year spending bill. Supporters hope the spending law will stabilize federal finances through late 2015 and ward off the threat of another government shutdown.