Government offices, parks and landmarks are back in business today, Oct. 18, 2013, as a result of the passage of a continuing resolution providing federal appropriations, signed by President Obama on Oct. 17. While hundreds of thousands of government workers rushed to reopen Government business with only few hours’ notice, services and openings couldn’t be seamless. Today, almost all portions of parks are open. Even the panda cam at the National Zoo is running after crashing yesterday. Government websites are in the process of being updated.
Businesses who depend on trade from Government employers, park visitors, those waiting for Government loans, and more have sustained losses that can’t be ameliorated. The government's borrowing authority only was extended until early February, and another round of contentious negotiations is expected.
Many voters, who pay their bills, on time object to the notion that GOP members have centered the argument over the debt ceiling –which is about paying bills-- rather than arguing their points in association with the budget and spending bills. The same party that voted for the Government shut down, citing outrage over overspending, also previously and consistently voted to continue the $4 billion in oil subsidies in the form of tax breaks. These subsidies exist despite oil companies healthy profits.
The big five oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Shell—reported their second-quarter 2013 profits, which were a combined $19.5 billion. That comes out to $145,000 in profit per minute. -- Big Oil Rakes in Huge Profits, Again.
If spending cuts are a priority to the GOP, organizations, like 350.org and the Center for American Progress , question why the GOP would so vigorously support tax breaks for the richest of the rich, who don’t need subsidy.