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Shutdown Livestream: This Won't Fix Trillion-Dollar Deficits
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Reason.com
Reason's Peter Suderman and Eric Boehm discuss the government shutdown live at 3 p.m. Eastern time today.
In reality, this shutdown is all about one specific part of the federal budget: health insurance subsidies delivered as part of the Affordable Care Act.
If those subsidies aren't extended, millions of Americans who purchase health insurance via the Obamacare system will face higher premiums next year.
On the other hand, does it make sense for the federal government to offset the cost of health insurance for households earning well over six figures?
Health care already consumes the biggest slice of the federal budget, and this shutdown is unlikely to change that—or to reduce the overall size and cost of government.