US goverment Shutdown by Nga Nheo :)
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1. The US government shutdown from October 1-16, 2013 due to a budget impasse between Democrats and Republicans over funding for the Affordable Care Act. 2. The shutdown had negative economic impacts through lost productivity and federal employee furloughs, as well as impacts on national security and America's international reputation. 3. Congress passed a bill to reopen the government and raise the debt ceiling on October 16th. The shutdown demonstrated the need to avoid future governance by crisis and find more compromise between parties.
US goverment Shutdown by Nga Nheo :)
- 1. WHAT HAPPENED IN THE US? between 1 Oct and 16 Oct 2013
- 2. 2013
- 3. 1. NGUY畛N TH畛 LINH 2. V敵 TH畛 MAY 3. NGUY畛N TH畛 NGA
- 4. US GOVERNMENT SHUTDOWN 2013 1 2 3 Definition and shutdown history Reasons and impacts Re- opens and lesson for US and Vietnam
- 5. WHAT IS A GOVERNMENT SHUTDOWN? Executive Branch Funding gap
- 6. 1976 2013: 18TH SHUTDOWN Longest: 21 days (1995- 1996) Shortest: 1 day
- 7. The president The number of shutdowns General Ford 1 Jimmy Carter 4 Ronald Regan 8 George H.W. Bush 1 Bill Clinton 2 George W. Bush 0
- 8. OBAMACARE Patient protection and affordable care act (PPACA) Increase the quality and affordability of health insurance
- 9. OBAMACARE For President and the Democratic- led Senate Against The Republican-led House of Representatives
- 10. THE FIGHT 20 Sept: House of Representatives passed Continuing Appropriations Resolution 27: the Senate stripped 29: the House reinstated 30: the Senate declined No compromise bill
- 12. IMPACT OF US GOVERNMENT SHUTDOWN Economics National security Politics
- 13. ECONOMICS the shutdown reduced fourth quarter GDP growth by 0.6 %. Federal employees were furloughed for a combined total of 6.6 million work days
- 14. December 1995 January 1996 Time The total number of employee furlough days Reason 2013 21-day 16- day 4.3 million 6.6 million 7 appropriations bills were enacted no agencies had received
- 15. ECONOMICS The total compensation costs are about $2.5 billion about $650 million for the Nov 1995 shutdown about $1 billion for the Dec 1995 Jan1996 shutdown. 850,000 employees per day was furloughed 40% of the entire civilian Federal workforce.
- 16. TOURISM 401 federally run parks and attractions closed
- 17. TOURISM all 19 museums and galleries closed their doors.
- 18. NATIONAL SECURITY 70% of intelligence employees are furloughed Only 30% focus on critical security needs
- 19. NATIONAL SECURITY James Clapper Intelligence Director is a dreamland for foreign intelligence
- 20. POLITICS Wall Street Journa magazine: 60% American want to replace members of Congress in the next election 44% American blamed for Republican Party
- 21. POLITICS German election ended successfully, and support to reform Europes economy The new reforms in China that establish a free trade zone in Shanghai Image of a separated and weak America
- 22. RE-OPENS & LESSON Government reopen The bill The lesson
- 23. 1. US GOVERNMENT REOPENS Vote for Bill the Senate: 81 votes to 18 22pm, 16/10 the House: 285 votes to 144 Signs the a bill => ends the 16-day partial government shutdown raises the debt ceiling
- 24. OBAMAS STATEMENT: "begin to lift this cloud of uncertainty and unease from our businesses and from the American people". "We need to get out of the habit of governing by crisis,"
- 25. THE BILL: Open the US government Raise debt ceiling & extends U.S borrowing authority into February, 2014 avoid the potentially devastating consequences to the global economy from a default on the U.S. debt.
- 26. FEDERAL AGENCIES REOPEN AND FEDERAL WORKERS SHOULD EXPECT TO RETURN TO WORK THURSDAY MORNING, 17/10
- 27. - PARKS, MUSEUMS AND MONUMENTS BEGIN TO OPEN, WELCOME VISITORS
- 28. LESSON How to operate the economy of its ability Just dismiss ego for agreement
- 29. LESSON How to operate the economy of its ability: * Main reason: - budget not enough to operate - deadline for raise the debt ceiling - is near => Let the grass grow under ones feet - Joe Hockey Head of Aus Treasury
- 30. LESSON Just dismiss ego for agreement - direct reason: the Republican Party >< President Barack Obama
- 31. SUMMARY 1 2 3 Definition and shutdown history Reasons and impacts Re- opens and lesson for US and Vietnam