A Federal Shutdown Won't Derail Obamacare

Closing down the government is a feel-good stunt for the far right that will end up wasting taxpayer dollars.

It’s no surprise that tea party Republicans are determined to shut down the federal government, but the group’s contention that the stunt will lead to defunding the Affordable Care Act lacks credibility. It won’t do any such thing. This is about politics, not policy. Parts of the government will likely be shuttered for a few days — a week at most. Obamacare will remain the law of the land.

In fact, there’s little or nothing to gain for the American taxpayer from the quixotic quest, and the GOP leadership knows it. "If we could do this [shut down the Affordable Care Act], we should do it. But we can't," Sen. Tom Coburn (R-OK) said over the weekend.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription


Why am I seeing this? Find out more here

Kenneth R. Bazinet
Associate Editor, The Kiplinger Letter