Its up to Boehner really. Does he value his job/position more than the good of the country? He can probably can get enough Rep. votes to pass the House, but that would mean stepping down as Speaker. Thats probably the Teabaggers end game in all of this. Force Obama to negotiate or get rid of Boehner. Either way, its gonna take the last minute crisis for this to happen.
If the US defaults the crash will be more severe than 2008. I am worried it can be on the same level as 1929. Imagine higher interest rates (because people are worried to lend money to the US) and because of that decreased productivity magnified by the ripple effect on the economy of other countries. The effect on 401Ks alone will be disastrous for the economy.
time for Obama to send it special forces to knock out the Tea Party. Tea Party and Republicans are the terrorists who is holding the American people hostage. This is an act of terrorism, time to U.S force to capture these terrorists Tea Party.
The 1000 exemptions to business, including 1 big one for businesses of 50 employees.
What they're referring to is the number of health insurance plans that the Department of Health and Human Services allowed to set lower annual caps -- temporarily -- on the total amount of medical bills they would pay for each subscriber.
- 722 self-insured businesses, currently through 2014
- 417 groups of small employers joined in collective bargaining agreements, currently through 2014
- 34 unions, currently through 2014
- 1 companies with 50 or more full-time workers offer health benefits that met a minimum standard for coverage. currently through 2015