Sunday, September 29, 2013

Dems, GOP play game of chicken as shutdown looms

Washington (CNN) -- What looked last week like a game of political hot potato has become a high-stakes game of chicken, with continued operation of the federal government and possible wider impact on the overall economy hanging in the balance.
In a move that makes a shutdown appear very likely, House Republicans approved a spending plan early Sunday morning that would delay Obamacare for a year and repeal its tax on medical devices.
The temporary budget resolution now goes back to the Senate, where Democrats have consistently said any changes to President Barack Obama's signature health care law would be a deal-killer.
On top of that, Obama has already issued a veto threat.
If Washington can't reach a deal, a government shutdown will begin at 12:01 a.m. Tuesday.

Congress could avert a shutdown by passing a temporary spending measure while the two chambers work out their differences.

No comments:

Post a Comment