President Obama to sign stop-gap spending bill

March 2, 2011 2:06:53 PM PST
The White House says President Barack Obama will sign a stop-gap bill that cuts billions of dollars of spending and averts a government shutdown.

In a statement, Obama says he's pleased that Congress has passed the legislation that will keep the government running for two more weeks. But he says lawmakers should not create the threat of a shutdown every few weeks, calling that irresponsible.

Obama called on congressional leaders to begin meeting immediately with the vice president, Obama's chief of staff and the administration's budget director to negotiate a longer-term budget.

The Senate passed the bill and sent to Obama Wednesday.