ENC 1101
Ms. McNulty
10/23/13
In a split congress, our government tends to bicker among minor issues, which leads to turmoil among the nation. With a deadline for the 2014 fiscal year budget, our congress couldn’t agree on the amount of money being funded to Obamacare and the Medical Device Tax. Republicans fought for cutting of Obamacare funding, while the Democrats opposed and eventually won out. As October 1st approached, Republicans made a proposed budget that cut the funds for Obamacare that would cripple it as a government program. When the Democrats rejected the proposed budget, our government went into a partial shutdown, which lasted until the 17th of October. The Continuing Appropriations Act 2014 has allowed us to keep our current spending levels until January 15th and the debt ceiling will be extended to February 7th. Republicans made a feeble attempt of scaring the Democrats into doing what they wanted, which in turn, back fired and caused a negative press toward the Republicans (McCullough). Tourists and travelers worldwide have also become angry over the shutdown and US citizens are seeing the affect our shut down is having on countries all over the world, such as France, Germany, and England. This government shutdown is going to lead to many economic issues such as lost jobs, a weakened economy, and Obamacare funding, which could weaken large businesses. When the government shutdown, 800,000 non-exempt government employees were furloughed and loss there income for over two weeks. Once these non-exempt employees returned to work, they were paid for their lost wages, which is another hit on government spending. The White House projected that a one week government shutdown would cost the U.S. economy 10 billion dollars (Stein). As of October 22nd, the economy has lost 24 billion dollars and more than 3 billion dollars in lost government services. Large businesses also took a huge hit with the shutdown because they had to
Bibliography: McCullough, Ian. Forbes. 03 10 2013. 18 10 2013. MSN. 22 10 2013. 22 10 2013. Sampson, Pamela. Yahoo News. 02 10 2013. 20 10 2013. Stein, Sam. Huffington Post. 07 10 2013. 19 10 2013. Taylor, Andrew. The Northwestern. 10 2013. 20 10 2013. Walshe, Shushannah. ABC News. 17 10 2013. 20 10 2013.