Thursday, September 26, 2013

What is the Debt Ceiling?

From Fox News:
The Senate voted for the second time Monday to kill a Republican counter-offer that would rein in ObamaCare while funding the government, kicking the bill back to the House with only a couple hours left on the clock before the government begins to shut down.

Lawmakers are facing a midnight deadline to reach an agreement on a government spending bill. Senate Democrats vow they will not accept any proposal that targets ObamaCare.

The latest House bill would have delayed the law's individual mandate while prohibiting lawmakers, their staff and top administration officials from getting government subsidies for their health care.

The Senate voted 54-46 along party lines to reject it.

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