ted cruz

Government Shutdown: A Win for Obama (and Cruz)

David Swerdlick

For the moment, Obama  now has a foil who's making it easier for him to stand up for his health care initiative and outline his budget priorities. And Cruz gets to show that he's first among equals when it comes to opposing anything linked to Obama. Meanwhile, federal employees will be furloughed, any salary that they forfeit won't be spent in a still-fragile economy, and Congress's inability to make a deal will eventually threaten another loss of confidence in the markets.

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