The federal government runs out of money at the end of the day today and will shut down tomorrow unless the House of Representatives and Senate can strike a deal to keep the money flowing. Republicans, who control the House, are saying they won’t pass such a resolution unless Obamacare is delayed for a year. (They earlier wanted to strip funding from it entirely. Now they are settling for a delay.) Democrats are refusing to back down from their signature health care legislation (a major part of which goes into effect tomorrow).
So now we are on the brink. Tomorrow the government may shut down AND the Obamacare insurance exchange sign-ups begin.
What do you think will happen? Do you predict a last-second compromise? If the shutdown takes place, what impact will that have? What impact would that have on the Republican Party? [Read more...]