What is wrong with America? Is Obamacare really so bad?
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government shut down because of Obamacare?
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Bad for some and good for others. Congress passed it and the president signed it in 2010, that's democracy at work. Then the law went to the Supreme court to question the constitutionality meaning does it violate the Constitution which is the supreme law and they ruled that states can not be forced to participate in the program under penalty of losing their current funding. Ever since the Supreme Courts Ruling, there have challenges mostly from republicans in Congress and state governments.
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In simple terms, there is a growing US debt (over $70 trillion), and now there is not that many nations or private banks willing to hand out more loans. The problem is compounded with the fact that the government wants to take out loans to pay other loans.
The $70 trillion and growing national debt has everything to do with the failed war in Afghanistan.Last edited by Shah-i-Kot; 10-02-2013, 06:26 PM.
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From below.Originally posted by khushal View Postwhere did you get $70 trillion from.
US Federal debt is 70 trillion. | Drudge Retort
Study: U.S. Debt Obligations $70 Trillion
$17 Trillion U.S. National Debt? Try $211 Trillion | Zero Hedge
Cox and Archer: Why $16 Trillion Only Hints at the True U.S. Debt - WSJ.com
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