CleverBomb
On Space Out
Government crisis is averted – for now
The House and President Obama sign off on the Senate agreement to end the federal shutdown and raise the debt ceiling without compromising his healthcare law.
So, after all that, it turns out the votes were there after all once the Hastert Rule was waived. And it didn't get stalled in the Senate, either.
Depending on who you ask, this shutdown reduced the 3rd Quarter GDP either 0.3% (Macroeconomic Advisers) or 0.6% (Standard and Poor's); that is to say, it cost the economy $12-24 billion dollars.
And the Republicans didn't get anything to show for it except ruined approval ratings.
The House and President Obama sign off on the Senate agreement to end the federal shutdown and raise the debt ceiling without compromising his healthcare law.
So, after all that, it turns out the votes were there after all once the Hastert Rule was waived. And it didn't get stalled in the Senate, either.
Depending on who you ask, this shutdown reduced the 3rd Quarter GDP either 0.3% (Macroeconomic Advisers) or 0.6% (Standard and Poor's); that is to say, it cost the economy $12-24 billion dollars.
And the Republicans didn't get anything to show for it except ruined approval ratings.
