The United States of America business community breathed a collective sigh of relief as President Barack Obama promised to sign the bill that will allow the nation to extend the debt limit and end the federal government shutdown. There were cheers on Wall Street.
House Speaker John Boehner said they fought the good fight and lost. House members rose to give the speaker an ovation as the decision was made to allow a vote on the bill which would reopen the government.
Paul Ryan, the chairman of the House Budget Committee, will continue to try to reign in government spending without the debt ceiling as part of the equation for 90 days until January 15, 2014, come up with a solution to the deficit. The debt ceiling has been raised until February 7, 2014.
The reopening of the federal government is good news for small business owners in the Metro area. However, the greatest sigh of relief was from the District of Columbia government. The District, unlike every other state, county, and city is prohibited from using its own locally-raised funds without Congressional approval. The end of the government shutdown averts a funding crisis for the city.
The federal government is asking the press to inform federal workers that the government shutdown is over. It is official the United States of America federal government shutdown is over. President Barack Obama said the shutdown will end immediately after he signs the law tonight. Federal workers will return to work immediately.
Although there are some Americans who believe that the shutdown was about motives other than stopping the Patient Protection and Affordable Care Act; it is proven that two million Americans signed a petition to defund the act because they sincerely believe that it will destroy small business in America.
Examiner.com will continue to research and investigate the act and the charges that it will hurt millions of American families. "This fight was about the healthcare act. It was always about the healthcare act," a Senate spokesman said.
President Barack Obama spoke to the press shortly after the senate vote. "I want to thank the leaders of both parties," Obama said. "I am eager to work with anybody, Democrats or Republicans. Hopefully next time it will not be in the 11th hour," Obama said.