Monday, September 30, 2013

There Is No Excuse For This!!!

As we write this post, we are less than one hour from the time that the government of the United States of America is forced to shut down because they will not be authorize to spend money to operate the federal government.

As most of you are aware, the U.S. government's fiscal year starts of October 1st.  However, in order for the government to operate, 12 spending bills must be passed every year by September 30th to authorize the government to operate.  If that cannot be done, Congress will usually pass what is called a Continuing Resolution (CR) to keep funding at current levels so that the government can continue operations.

Usually, this is a routine procedure for the government to pass a CR so that the government can keep operating and services to the American people are not affected.  This year, however, it has become political.

The Affordable Care Act, popularly known as Obamacare, is due to be implemented on October 1, 2013.  The House of Representatives of the U.S. Congress -- run by the Republican party -- has tried to repeal the act since its inception.  This year, they have tried, in several amendments to CRs, to not let the legislation take effect.

The Shadow feels that this is wrong.  Regardless of how the Republican party may feel about Obamacare, this is not the time to try to derail the act.  Three bills have been sent to the U.S Senate that 1) defunds Obamacare, 2) delays the implementation of the act for one year and 3) delays the individual mandate under the act.  All three have been rejected by the U.S. Senate and sent back to the House.

The Senate has asked for a CR that does not mention Obamacare so that the government keeps operating.  The House has refused to do that.  As of this writing, the Senate has just declined a conference committee with the House to discuss a CR, almost assuring a shutdown.

We will have another comment on this at Midnight EST.

Good night and good luck.

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