Default Draws Close: Countdown to Shutdown Part 2
Just because we narrowly escaped the nation’s first default does not mean we are in the clear quite yet. While government will continue to run on this new budget that was put in place Wednesday night, there is a great risk that the government will run out funds.
Just because we narrowly escaped the nation’s first default does not mean we are in the clear quite yet. While government will continue to run on this new budget that was put in place Wednesday night, there is a great risk that the government will run out funds.
Here are the major points of the shutdown aftermath, which could affect you:
We can default sooner than you think…or at least shutdown again
If you get anything out of this situation, know that there is a real danger that the federal government may default on its debt. Under this new budget, the government will be funded until Jan. 15-that’s less than three months. Even then, we are expected to reach our borrowing limit on Feb. 17. Despite the government having the ability to fully function now, Congress must immediately start to think about these deadlines and draft a new budget.
Republicans and Democrats still are not getting along
While they may have gotten their act together to vote for a new budget, there was still some opposition. The Senate and Congress voted for the budget 81-18 and 285-144 respectively. Furthermore, several Republican congressmen have stated that they will continue to fight the Affordable Care Act. Senator Ted Cruz, one of the major opponents of the healthcare legislation, said in an interview with ABC, “I would do anything, and I will continue to do anything I can, to stop the train wreck that is Obamacare.”
President Obama is pushing for compromise
Here’s your one piece of good news: President Obama is leading the charge to create a congress that will hopefully work together in the future. In an address to the US hours after signing the new budget, the president stated that he is willing to work with Republicans to avoid leaving another decision until the eleventh hour, saying, “You don’t like a particular policy or a particular president? Then argue for your position. Push to change it. But don’t break it.”
The shutdown has made us into political divas
If you haven’t noticed, we are very critical of the government online. We openly criticize congressmen and the Obama administration on Twitter and Facebook. And most of the time, our political mantra becomes hilarious memes. Here’s a few of BUnow’s favorites:
Not only that but there’s even been a surge of “Shutdown pickup lines” on Twitter. Enjoy:
