Policy Documents

Defunding Obamacare: Worth a Try

Michael Tanner –
July 31, 2013

In this article that also appeared at National Review, Michael Tanner notes that trouble is brewing in the debate over Obamacare: 

 After a summer of relative quiet on the fiscal front, Congress is approaching two deadlines that will be vital not just in terms of the U.S. economy, but for the future of the Republican party as well.

Sometime in late October, the federal government will once again reach its statutory debt limit, meaning that, without congressional action, the government will not be able to borrow any more money. That would require an immediate 25 percent cut in government spending — the sequester on steroids.

But before that, on September 30, the continuing resolution (CR) currently funding the federal government will expire. Unless a new CR is approved by then, the federal government will “shut down.”