Speaker John Boehner and Minority Leader Nancy Pelosi worked on a compromise budget bill (Talk Radio News Service/Flickr)

The bill will be sent to President Obama for his signature, which will take place after the president's return from Israel this weekend.

Right before a taking a two-week recess, House Republicans and Democrats voted 318-109 to approve the measures, which, the New York Times is reporting, includes underfunding important elements of the president's health care initiatives.

ALSO SEE: Senate Approves Bill To Avoid Government Shutdown

In a seperate bill, House Republicans, led by former Vice Presidential candidate Paul Ryan, pushed through a budget outline that would controversially turn Medicare into a voucher program, repeal "Obamacare" and remove Wall Street regulatory reforms. The vote passed 221-207, along party lines, with 10 Republicans joining the Democrats in opposing the outline.

Though this outline will not become law, it illustrates the huge divide between the Republicans and Democrats during this Congressional cycle.

The passage of the funding bill came just six days before the government shut down would have occured. Members of Congress would not have been affected by the shut down, as by law, they would continue to receive payments during any such shut down.

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