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The Big Deal! & Can You Prove That Bird Is Not a Spy?—THE EDGE The Big Deal! & Can You Prove That Bird Is Not a Spy?—THE EDGE The Big Deal! & Can You Prove That Bird Is Not a Spy?—THE EDGE The Big Deal! & Can You P...

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The Edge

The Big Deal! & Can You Prove That Bird Is Not a Spy?—THE EDGE

October 16, 2013

By Patrick Reis and Dustin Volz

TODAY IN ONE PARAGRAPH: It's all over but the voting. Harry Reid and Mitch McConnell announced a budget and debt-ceiling deal Wednesday afternoon, and John Boehner cleared the way for passage in the House by saying he'd let the full chamber vote on the bill, virtually ensuring its passage via a combination of Democratic and Republican votes. The Senate plans to vote on the package this afternoon; the House hopes to vote it through before midnight.


A NEW HOPE: REID/McCONNELL DEAL REACHED: Harry Reid and Mitch McConnell announced a deal had been reached in the Senate that would fund the government through Jan. 15 and postpone a government default on the debt through Feb. 7. Stronger verification requirements for people who receive Obamacare subsidies are also included. The Senate is expected to vote first and then send the package to the House. Follow National Journal's live blog for continued coverage of the state of play. (NJ)


WHITE HOUSE REAX TO INCOME VERIFICATION: Carney: "We're fine with it," said Carney, calling it a "modest adjustment."

MITCH McCONNELL REPRISES ROLE AS THE CLOSER: He's been quiet throughout most of the budget negotiations, but Minority Leader McConnell emerged in the eleventh hour to close a deal that will, if passed, avert economic catastrophe. Kyra Sedgwick, start taking notes. (Sean Sullivan, WaPo)

BOEHNER'S JOB COULD BE GETTING A LITTLE EASIER: Conservatives are (finally) coming out of the woodwork to defend their speaker. Rep. Raul Labrador of Idaho said he was "really proud" of Boehner's work during the shutdown. Rep Jim Jordan of Ohio added that "there is absolutely no talk" of a movement to oust Boehner from his leadership role. The sudden public support appears to be giving the embattled Boehner the leverage he may need to violate the so-called "Hastert rule" to call a vote on the Senate deal to end the shutdown. (Ginger Gibson, Politico)

WALL STREET BEGINS CELEBRATING EARLY: The Dow Jones was up nearly 200 points mid-afternoon, and the Nasdaq climbed more than 40. (MJ Lee, Politico)

BUT THE DAMAGE IS DONE: Wall Street may be optimistic, but global markets have already been roiled thanks to Congress' brinksmanship, reflecting a wavering faith the country's creditworthiness. (NJ)

TOMORROW IN ONE PARAGRAPH: The House will meet at noon for legislative business and votes are expected. The Senate is also in session. John Kerry will meet with Air Force Gen. John Allen, commander of the International Security Assistance Force, at the White House at 2 p.m. The Senate Armed Services Committee will hold a full closed hearing on military operations in Libya and Somalia at 9:30 a.m.


HEALTHCARE.GOV CULPRIT EXPOSED: CGI Federal is the IT contractor behind Obamacare's poorly received website. Here's an explainer about who they are and why their work has been so bad. (Lydia DePillis, WaPo)

BLUES FOR CRUZ: The Houston Chronicle retracted its endorsement of Sen. Cruz in a forlorn editorial titled "Why we miss Kay Bailey Hutchison." (Emmarie Huetteman, NYT)

MONUMENT CLOSURES: The National Park Service director said he made the decision to close D.C.'s monuments and memorials, as furloughs affected all but 12 of his 300 park service employees who work on the National Mall. (Andrew Restuccia, Politico)

MICHIGAN GAY MARRIAGE BAN: A federal judge is expected to decide this afternoon whether to uphold the state's ban or lift it, which could make same-sex marriage legal in Michigan. (Tresa Baldas, Detroit Free Press)

BERNANKE: The Fed head won't have to testify under oath about the government's 2008 bailout of AIG—at least as long as he remains with the central bank, a federal Appeals Court ruled. (McGrane/Kendall, WSJ)

JPMORGAN SETTLEMENT: The national's largest bank agreed to pay $100 million and admit wrongdoing to settle charges in the "London Whale" case. (Reuters)

'SPY BIRD': An eagle has been seized north of Beirut that was "carrying an implanted receiver and a brass ring." Hezbollah broadcasters believe the bird is an Israeli spy. (Joshua Keating, Slate)

SYRIA: Inspectors have checked 11 sites associated with Syria's chemical-weapons program and destroyed "critical equipment" at six of them, says OPCW. (Ryan Lucas, AP)


ANGEL IS AIRBORNE: Relive the most famous Air Force One flight of all time, where Lyndon B. Johnson became president while a shocked nation heard the news of John F. Kennedy's assassination. (Garrett M. Graff, Washingtonian)


LAST NIGHT'S LATE-NIGHT FUNNIES IN UNDER 3 MINUTES: Squirrels are invading the White House, proving that "our broken system can still be adorable." (Reena Flores, NJ)

HOW THE WORLD SEES THE SHUTDOWN: As told by newspapers, in convenient listicle form. (Andrew Kaczynski, BuzzFeed)

THE BEST MOMENTS OF THE SHUTDOWN: We were just starting to like you, shutdown. From Ted Cruz reading Dr. Seuss on the Senate floor to sad photos of little kids trying to enter the D.C. zoo, it's been (anything but) great. Until next time. (Philip Bump, The Atlantic Wire)

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