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The Edge

Crack For Canada, Coke for the House—THE EDGE Brought to You By Philips

By Dustin Volz (@dnvolz) and Laura Ryan ( lryan@nationaljournal.com)

TODAY IN ONE PARAGRAPH: JPMorgan's $13 billion settlement with the U.S. government is now public. Elsewhere, 2009 Virginia gubernatorial candidate Creigh Deeds is expected to survive stabbing wounds he sustained this morning. His son, Gus Deeds, was fatally shot. In the political arena, President Obama's approval ratings hit a record low in one poll, as did Obamacare. And Harry Reid is threatened to change the Senate's filibuster rules after Republicans blocked one of Obama's judicial nominees. A bombing in Syria claimed 23 lives, including an Iranian cultural attache. Finally, today is the 150th anniversary of Lincoln's Gettysburg Address.

 

BREAKING NOW—FLORIDA REP. CHARGED WITH COCAINE POSSESSION: "Rep. Trey Radel, a freshman Republican from Florida, was arrested on Oct. 29 for possession of cocaine in the District of Columbia, according to D.C. Superior Court documents. Radel, 37, was charged with misdemeanor possession of cocaine in D.C. Superior Court on Tuesday. He is scheduled to appear in court on Wednesday." (Bresnahan/Sherman, Politico).

TOP NEWS:

NUCLEAR OPTION: Harry Reid is apparently considering changing the Senate's filibuster rules after Republicans blocked a third Obama judicial nominee, according to a top aide. "Reid has become personally invested in the idea that Dems have no choice other than to change the rules if the Senate is going to remain a viable and functioning institution," the aide tells the Washington Post. "It's been a long process. But this is the only thing we can do to keep the Senate performing its basic duties." (Greg Sargent, WaPo)

DEEDS STABBED, SON KILLED: "Virginia state Sen. R. Creigh Deeds, D-Bath, was stabbed multiple times early Tuesday in an assault at his house in Bath County, west of Charlottesville, Virginia State Police said. The senator's 24-year-old son, Gus Deeds, was found fatally shot inside the home.… Despite the serious wounds, the elder Deeds, who was flown to the University of Virginia Health System Hospital, has been able to talk with investigators." (WaPo)

 

OBAMACARE DRAGGING DOWN OBAMA: 63 percent of Americans disapprove of Obama's handling of the rollout of the Affordable Care Act, up from 53 percent a month ago, according to a new ABC News/Washington Post poll. Fifty-seven percent oppose Obamacare, the poll reports. A month ago, Americans were split roughly 50-50 over the law. The disapproval marks record lows for the president and the law in the monthly poll. (Blaz/Craighill, WaPo)

PROGRESS IN U.S.-AFGHANISTAN SECURITY TALKS: "American and Afghan officials said Tuesday that they had reached a tentative deal to overcome one of the last major hurdles to a post-2014 security agreement, allowing for American-run raids on Afghan homes but only in 'extraordinary circumstances.' " The issue has long been a sticking point between the two governments as they prepare for the withdrawal of most of coalition troops. (Rod Nordland, NYT)

JP MORGAN SETTLEMENT: JPMorgan and the Justice Department officially announced that the company will pay $13 billion to settle an investigation into accusations that the company misled investors about the quality of mortgages it was selling. A tentative deal was reached, and reported, a month ago, but today's announcement by New York Attorney General Eric Schneiderman makes it official. Despite the settlement, the bank still faces at least nine other government inquiries, Reuters reports. The announcement comes after the bank and the Justice Department resolved disagreements over how to spend the settlement's $4 billion in aid to struggling homeowners. (WSJ)

BOMBING IN LEBANON: Twenty-three people are dead, including the Iran cultural attaché, in Beirut after two suicide bombers set off explosions outside the Iranian Embassy. An al-Qaida-linked Sunni group is claiming responsibility for the attack. The group threatened more attacks unless Hezbollah, which is backed by Iran, stops supporting Syrian President Bashar al-Assad. (Hadid/Malla, AP)

 

TOMORROW IN ONE PARAGRAPH: Obama will present the Presidential Medal of Freedom to 16 recipients in a ceremony at the White House. Vice President Joe Biden and first lady Michelle Obama will attend. The Senate Homeland Security Committee is expected to vote on the nomination of Jeh Johnson to be Homeland Security secretary. Kerry and Hagel meet with Australian Foreign Minister Julie Bishop and Australian Defense Minister David Johnson. The House is in session.

TOP LINES

THE GETTYSBURG TWEET: 272 words was 1863's 140 characters. (Laura Ryan, NJ)

OBAMA ON THE SPOT: WSJ interviews Obama at the CEO Council's annual meeting. (WSJ)

DON'T MISS TODAY'S TOP STORIES

Chock full of usable information on today's issues."

Michael, Executive Director

Concise coverage of everything I wish I had hours to read about."

Chuck, Graduate Student

The day's action in one quick read."

Stacy , Director of Communications

Great way to keep up with Washington"

Ray, Professor of Economics

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IRAN NUCLEAR TALKS: The Obama administration is touting a preliminary deal as a positive step toward freezing Iran's nuclear program, while Israel's government sees it as a capitulation. (Sanger/Rudoren, NYT)

SEVEN SCORE AND TEN YEARS AGO: Have you memorized the Gettysburg Address yet? (PBS)

BUDGET STALEMATE: Congress wades back into its budget quagmire after the government shutdown. (Sarah Mimms, NJ)

ALL THE COOL KIDS: How cool is your 2016 candidate? (Philip Bump, The Wire)

TOP READS

SPY COPTERS, LASERS, AND BREAK-IN TEAMS: A look at how the FBI keeps watch on foreign diplomats. (Matthew M. Aid, FP)

THE REAL LINCOLN: Does the Gettysburg Address overshadow his political achievements? (Sean Wilentz, TNR)

TOP VIEW

LAST NIGHT'S LATE-NIGHT FUNNIES IN UNDER 3 MINUTES: Pundits can't seem to resist comparing the Obamacare site woes to Hurricane Katrina, and even more fun at Rob Ford's expense. (Reena Flores, NJ)

DON'T MISS TODAY'S TOP STORIES

Chock full of usable information on today's issues."

Michael, Executive Director

Concise coverage of everything I wish I had hours to read about."

Chuck, Graduate Student

The day's action in one quick read."

Stacy , Director of Communications

Great way to keep up with Washington"

Ray, Professor of Economics

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