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Wednesday, Jul 30, 2014

Shutdown Over, Who Came Out Ahead?

October 18, 2013|6:29 am

Political leaders reached an agreement Wednesday on a temporary government funding bill and a temporary extension of the nation's debt limit. The agreement provides a path out of the current toxic environment that led to the standstill, but it also puts off the difficult issues for only a few months.

The agreement will fund the government until Jan. 15, increase the national debt limit to allow enough borrowing until Feb. 7, and set up a conference committee composed of members from both houses and both parties to come up with a longer term agreement by Dec. 13. The agreement will also include back pay for federal workers and one small change to the Affordable Care Act, or "Obamacare," – income verification will be required for all beneficiaries of ACA subsidies.

Read more at http://www.christianpost.com/news/shutdown-will-end-debt-ceiling-extended-for-now-106786/

Source URL : http://www.christianpost.com/news/shutdown-over-who-came-out-ahead-106920/