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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
When Ted Cruz ’s strategy to defund the Affordable Care Act led to an epic government shutdown fight a dozen years ago, Democrats excoriated him as a villain. Now, they’ve adopted the same tactic, though with the opposite goal — preserving Affordable Care Act and other health-care subsidies.
Back then, the Texas Republican was the major force behind the failed effort to eliminate funding for the ACA, at one point giving a 21-hour speech that included a reading of “Green Eggs and Ham.” House and Senate Republican leaders later confessed they thought the freshman firebrand’s strategy was dumb, with no clear endgame, but they went along with it anyway. (Then-Speaker John Boehner , a fellow Republican, would later call Cruz “Lucifer in the flesh.”)