If I understand correctly, this is a continuing resolution to fund the government. Funding has to originate in the House; it’s either this or nothing. Without a bill to fund the government there is no funding for the government. IOW, if Obama doesn’t sign it the government shuts down. Everything. No pay checks for the Usurper-in-Chief.
Somebody tell me if I’m misunderstanding.
Lots of things continue to be funded for months after the shutdown, like SS payments, military salaries, Medicare, etc. So they're is no need for hysteria.