The Back and Forth Over the Shutdown and Debt Ceiling

The House
HOUSE SPEAKER: John A. Boehner (Republican)

The Senate and the President

The President: Mr. Obama SENATE MAJORITY LEADER: Harry Reid (Democrat) SENATE MINORITY LEADER: Mitch McConnell (Republican) SENATOR: Susan Collins (Republican) SENATOR: Ted Cruz (Republican)

Issues
Finance Govt Extend Debt Ceiling ObamaCare: (1) Medical devices tax (2) Individual mandate

Before Govt Shutdown The House

Fri, Sep. 20 The House votes to eliminate financing for the Affordable Care Act American people dont want govt shut down, and they dont want Obamacare. JOHN BOEHNOR Spending bill Sun, Sep. 29, 12:10 a.m. The House votes to delay Obamacare and repeal medical device tax. Spending Bill + repeal Obamacare

The Senate and the President

Any bill that defunds Obamacare is dead, dead. HARRY REID Sep. 23-27 1. Consider the House bill 2. Ted Cruz rallies votes to against proceeding the bill 3. The Senate votes for a clean spending bill

Spending Bill + Delay Obamacare for a year + Repeal medical device tax Mon, Sep. 30, 2 p.m. The Senate strips the health care provisions from the spending bill and sends it back to the House.

The House
Mon, Sep. 30, 8:40 p.m. The House votes to delay the requirement that individuals buy health insurance. Spending Bill

The Senate and the President

Spending Bill + Delay individual mandate

Tue, Oct. 01, 1 a.m. The House votes to request a conference with the Senate to negotiate based on the last version.

Spending Bill

Mon, Sep. 30, 9 p.m. The Senate votes to strip out the health care language and sends the spending bill back to the House.

Spending Bill + Delay individual mandate + Request for a negotiating conference

Tues, Oct. 1, 10 a.m. The Senate voted to table the Houses latest proposal.

A week before debt default The House

Thu, Oct. 10 Mr. Boehner proposes to extend the debt ceiling six weeks. But the shutdown would continue until Mr. Obama agrees to negotiate on the federal budget.

The Senate and the President

Mr. Reid says Senate Democrats will not negotiate with House Republicans on the budget until the shutdown ends. A plan drafted by Senator Susan Collins

1. Finance govt through March 2. Extend debt ceiling through January 3. Flexibility in administering sequester cuts 4. Delay tax on medical devices
Sat, Oct. 12 Mr. Reid rejects the Collins proposal, mainly for not reducing the size of the sequester cuts. Extend debt ceiling through end of 2014. The measure fails to reach the 60-vote threshold it needed.

The House
Tue, Oct. 15 Mr. Boehner announces a proposal that, like the evolving Senate plan, require budget negotiations end by mid-December. It also alters parts of the presidents health care law It fails to attract enough support to pass. House Republic leaders rush out a new proposal

The Senate and the President

Sun, Oct. 13 Senate Minority Leader Mr. McConnell announces his support for the Collins proposal. Democratic leaders refuse to sign onto a deal that locks in the sequestration cuts.

1. Finance govt through Dec. 15 2. Extend debt ceiling through Feb. 7 3. Eliminate health care subsidies 4. Treasury restrictions

It also fails to attract enough support to pass.

The Day Before the debt ceiling deadline The House The Senate and the President
Wed, Oct. 16, 8:15 p.m. The Senate votes 81-18 to pass a bill that is supported by leaders of both parties.

1. Finance govt through Jan. 15 2. Extend debt ceiling through Feb. 7 3. Tighten income verification for health subsidies Separate motion: Budget talks finished end by Dec.13 Wed, Oct. 16, 10:15 p.m. The House votes 285-144 to pass the bill.

Thu, Oct. 17, about 12:30 a.m. Mr. Obama signs the legislation, ending a disruptive 16-day government shutdown

Date

Party

Finance govt

Debt Ceiling

Others

10/10 10/11

Republic Republic

---------------March, 2014

6 weeks Jan, 2014

+ Negotiation on budget + Delay Medical device tax + Flexibility in administering sequester cuts

10/12 Democratic ----------------10/13 Republic Jan. 15, 2014 10/15_1 Republic Jan. 15, 2014

Sep. 31, 2014 Jan, 2014 Based on Collins plan Feb. 07, 2014 Based on Collins plan + Budget talks finish 12/13 + Eliminate Health care subsidies for Congress 10/15_2 Republic Dec. 15, 2013 Feb. 07, 2014 + Treasury restriction + Eliminate Health care subsidies for Congress 10/17 Two parties Jan. 15, 2014 Feb. 07, 2014 + Budget talks finish 12/13 + Tighten income verification for health subsidies

Budget Battle

Both of the issues reach agreements

Ending Crisis over Shutdown and Debt Ceiling

The House

Conflict: Issue 1: ObamaCare Issue 2: Debt Ceiling

Different political Cultures

The Senate and the President

1. Public opinion 2. Businesss waning 3. Reid & McConnells negotiation

Government Shutdown

Financial Default & Economical Collapse