1. PHEW

    Obama Signs Stopgap Measure

    J. Scott Applewhite / AP Photo

    Apparently President Obama’s “we can all spend Christmas here together” threat worked. With the holidays looming, the House swiftly passed a year-end $1 trillion spending bill, setting a new measure for government spending through the 2012 elections, after Congress closely averted another government shutdown on Friday. The 1,200-page bill covers the domestic budget, the Pentagon, and foreign aid, while billions more will go toward the war in Afghanistan. The Senate has tenatively scheduled a vote on the bill for Saturday and it's expected to pass. President Obama has since signed a stopgap spending measure designed to keep the government up and running while the Senate makes its move on the spending bill.

    Read it at Politico