Here's the timeline from NPR (read it if you're interested):
"How We Got Here: A Shutdown Timeline":
http://www.npr.org/sections/itsallpolitics/2013/10/16/235442199/how-we-got-here-a-shutdown-timeline
Given all that nasty fiscal history between republicans & democrats, fast-forward to september 6, 2017, republican Donald Trump is president, & here's the incredible headline from "Politico":
"Trump sides with Democrats in debt limit, funding, Harvey deal"
"Donald Trump, who casts himself as a master negotiator, took the first offer Democrats put on the table.
Republicans left the Oval Office Wednesday stunned. Trump had quickly sided with Democrats on a short-term debt ceiling increase, even overruling his own Treasury Secretary Steven Mnuchin to concur with "Chuck and Nancy," as he later called them on Air Force One."
"So after Democrats rejected GOP proposals to raise the debt ceiling for 18 months, and then six months — Trump endorsed Schumer’s three-month pitch.
The Treasury Department will likely be able to buy more time for Congress on the debt limit into 2018. But the Wednesday deal still means Congress will have to raise the debt ceiling, negotiate a massive trillion-dollar spending bill, and potentially hash out a deal on immigration all at once or in quick succession.
Democrats were gleeful."
Hypocrite, "fiscal conservative" republicans would always criticize Obama for raising the debt-ceiling. However, I bet you now they won't say anything about the Donald (they're too afraid of Trump's base).
The Dow, after having been down more than 200 points yesterday, gained 54 points on the agreement (among other issues):
"U.S. stock benchmarks remained slightly higher Wednesday after congressional leaders and President Donald Trump agreed to extend the debt limit and fund the government for another three months.
But gains on Wall Street were limited, as investors had lingering concerns over North Korea, a “potentially catastrophic” Hurricane Irma, doubts about President Donald Trump’s business-friendly agenda, news that a key Federal Reserve official is resigning, and persistent worries about elevated stock valuations."
http://www.marketwatch.com/story/us-stock-futures-kept-in-check-by-worries-over-north-korea-hurricane-irma-2017-09-06
"The Dow Jones Industrial Average DJIA, +0.25% rose 54.33 points, or 0.3%, to end at 21,807.64, led by gains for Home Depot Inc. HD, +2.37% Chevron Corp.CVX, +2.15% and Exxon Mobil Corp. XOM, +2.07% which were all up more than 2%.
The S&P 500 index SPX, +0.31% climbed 7.69 points, or 0.3%, to end at 2,465.54, powered by a rebound in energy sector, up 1.6%. Of the 11 main sectors, nine closed in positive territory."
In addition, gas prices seemed to have eased (although now there could be a setback from "monster" hurricane Irma):
"Since Harvey, gas prices at the pump are up 50 cents a gallon"
https://www.washingtonpost.com/news/energy-environment/wp/2017/09/05/since-harvey-gas-prices-at-the-pump-are-up-50-cents/
"Harvey’s strike at the Gulf Coast has caused gas shortages and raised prices across Texas and the United States, industry experts said on Tuesday. Prices started to ease during the weekend, but Hurricane Irma, while still well off shore, started to send people in Florida scrambling to fill up their tanks and Gov. Rick Scott suspended highway tolls so people could more easily leave the area.
The oil refineries on the Texas Gulf Coast account for half of U.S. refining capacity and produce a quarter of the nation’s gasoline.
Nearly 10 percent of the nation’s refineries remained shut on Tuesday including Saudi Aramco’s 603,000 barrel-a-day Motiva plant and ExxonMobil’s 362,300 barrel-a-day Beaumont plant.
But barring a setback from Hurricane Irma which is approaching U.S. shores, gasoline prices will probably start to taper off. Texas wholesale prices were already down two cents from Saturday."
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