This week's biggest news
so far is the United Sates Government Partial Shutdown. Many of us are not
taking it too seriously thinking it to be a problem for Americans but if this
continues for a few more days or weeks it will not only affect Indian economy
but also have a great ramification on Global Economy.
All this has started
over the difference of opinion over the government's new healthcare policy
which is popularly known as Obamacare. Now many of us must be wondering what is
Obamacare.
To understand this,
first we need to understand the political design of America. In America, they
have two major parties, Democrats and Republicans. Currently, the Democrats are
in rule. The Democrats have majority in Senate whereas the Republicans have
majority in House of Representatives.
President Obama and the
Democrats want to introduce a new healthcare system into the United States,
which they believe will make healthcare more affordable for most Americans.
What is
Obamcare?
It's called the
Affordable Care Act - nicknamed 'Obamacare' - and was made law in 2010, though
much of it hasn't come into force yet. For the law to work, all Americans have
to take out health insurance - in the past it's been optional. At the time
26 of the 50 US states challenged it in America's Supreme Court (the top court
in the land). They claimed that it was illegal to make everyone have health
insurance.The court narrowly decided that the Act would stand, but the
Republican party continues to fight against the Affordable Care Act, saying it
costs too much government money plus they don't believe that it's right
for people to be forced to pay insurance against their wishes.
Due to this reason, Republicans
didn't want to sign the budget plan for the next year, as it included putting
the Affordable Care Act into practice. Both the Government lead by Democrats
and Opposition led by Republicans, couldn't agree before the midnight deadline on
America is now in shutdown mode - meaning only limited services are operating.
Now with the blame game
going on between Democrats and Republicans as to which side is to be blamed for
this serious situation. Leaders from
both the sides are trying to win the public support in their side and are not
ready to back down.
Now with growing public
fury over the situation, the Republican-controlled House has tried to push
piecemeal legislation to fund individual departments and programs, but most
Democrats, including Obama, want a comprehensive resolution that would reopen
the whole government, not just bits of it.
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