What happened this week? Lots. And our friends at theSkimm have you covered with a run-down of the top headlines. (Want them delivered daily to your inbox? Sign up at theskimm.com)
Today’s likely the beginning of a political mini-series full of drama, tests of friendship, and bad hair. The House is voting on a measure to keep the government running. No, you can’t escape this. Yes, it has to do with Obamacare.
On September 30, the government will run out of funding. If it doesn’t pass a new spending bill, the government could shut down. Earlier this week, House Speaker John Boehner announced a way to prevent a shut-down: a temporary spending bill tied to defunding Obamacare. It would keep the government going till mid-December. Many Republicans hate Obamacare, so they’re really into this idea. The House will vote on the measure today. President Obama is not happy. At all.
Haven’t We Talked About This Before?
True. This is a continuation of the spending and budget fight they were having earlier this year. Turns out a Band-Aid in the form of temporary funding did not make the problem go away.
Can We Review Obamacare, Please?
Yes. Obamacare is a healthcare law that passed in 2010 and reformed healthcare as we knew it. As the name suggests, Obama really likes it. It’s supposed to expand insurance to millions and decrease the cost of healthcare. One main point of controversy is that it requires mostly everyone to have insurance. While some parts of Obamacare have already rolled out, the reason you’re seeing it in the headlines again is because in two weeks, state and federal “exchanges” are supposed to start (the timing coincidence is not lost on the House). These are essentially like the Costcos of healthcare, where small businesses and individuals can comparison shop to find coverage. Some critics hate these exchanges, because of companies pushing their employees into them.
Tomorrow, the House will vote on the defunding Obamacare stopgap measure and it will likely pass. Then it will go the Democrat-run Senate, where it will likely fail. The Senate will probably redo the proposal and take out the defunding Obamacare part, and the House will have to figure out how to get it passed or risk a government shut-down. Lots of pressure on Speaker Boehner, especially because a debt ceiling fight is looming.
Yeah, we hate the debt ceiling, too. In mid-October, the nation will once again hit its borrowing limit. If Congress doesn’t increase the limit, the nation could default on its debts. It won’t be pretty.
There are a lot of terms coming back to haunt you, and you need to know them. We’re on the cusp of a big political fight—again.
House Republicans have a lot on their plate this week and passed a bill yesterday to slash billions from the food stamp program, amid concerns the program had gotten out of control and grown too big. This, too, will cause some major fighting once it reaches the Senate.
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