Government Shutdown Over, Debt Ceiling Raised as Teahadists Fail to Defund Obamacare
Government Shutdown Over, Debt Ceiling Raised as Teahadists Fail to Defund Obamacare (Photo credit: Donkey Hotey)

The 16-day government shutdown, engineered by the Teahadists, is over. The House of Representatives voted 285-144, while the vote in the Senate was 81-18:

With the Treasury Department warning that it could run out of money to pay national obligations within a day, the Senate voted overwhelmingly Wednesday evening, 81 to 18, to approve a proposal hammered out by the chamber’s Republican and Democratic leaders after the House on Tuesday was unable to move forward with any resolution. The House followed suit a few hours later, voting 285 to 144, to approve the Senate plan, which would finance the government through Jan. 15 and raise the debt limit through Feb. 7

The S&P reports that the government shutdown cost the country $24 billion:

The government shutdown cost the nation’s economy at least $24 billion and shaved 0.6 percent off the nation’s economic growth, according to new analysis from Standard & Poor’s.

With a deal seemingly headed for the finish line, the credit rater analyzed the impact the 16-day shutdown of the federal government has posed on the economy — and the results weren’t pretty.

“The bottom line is the government shutdown has hurt the U.S. economy,” the firm said.