Politics & Government

Politics
3:54 pm
Wed October 16, 2013

Finally, An End In Sight For The Government Shutdown

Originally published on Wed October 16, 2013 5:39 pm

The government shutdown should end tonight and America should be able to pay its bills. Both the House and Senate will vote this evening on legislation to achieve those goals. For months, President Obama has said he would not negotiate with Republicans in Congress about Obamacare or the federal deficit until those goals were met. After weeks of stalemate and more than two weeks into a partial shut down of the federal government, the GOP met his demands.

Economy
3:54 pm
Wed October 16, 2013

Economists Say Fiscal Fits And Starts Hurt U.S. Growth

Traders at the New York Stock Exchange on Wednesday. Stocks surged on Wall Street after Senate leaders reached a deal that would avoid a U.S. default and reopen the government after 16 days of being partially shut down.
Seth Wenig AP

Originally published on Wed October 16, 2013 6:45 pm

On Wednesday, the stock market cheered the debt ceiling deal in Congress. The Dow gained 206 points and all the major indexes closed higher.

Investors of course have been watching the showdown in Washington very closely, since a default could have been a global financial disaster. At the same time, economists are trying to figure out how much the jitters and uncertainty over all this has been hurting the economy.

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It's All Politics
3:50 pm
Wed October 16, 2013

Public Opinion Toward Tea Party Hits Low Point

Tea Party activists attend a June rally on the grounds of the Capitol.
J. Scott Applewhite AP

Originally published on Wed October 16, 2013 6:01 pm

The Tea Party's standing with Americans is at its lowest point since the movement took shape in 2010, according to a Pew Research Center poll released Wednesday.

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It's All Politics
12:56 pm
Wed October 16, 2013

Good Cop, Bad Cop Routine Gets A Result For Obama And Reid

President Obama and Senate Majority Leader Harry Reid, D-Nev., shared the same goals but had notable stylistic differences in their approaches to the fiscal fight.
Carolyn Kaster AP

Originally published on Wed October 16, 2013 2:40 pm

Since the start of the fiscal standoff that led to a government shutdown and a flirtation with a historic debt default, Democrats have been led by the tag team of President Obama and Senate Majority Leader Harry Reid.

At times, their tactics resembled the good cop, bad cop routine where one officer offers the suspect a cup of coffee and the other smacks it from the suspect's lips. Reid, of course, is the smacker.

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Politics
11:13 am
Wed October 16, 2013

Senate Expected To Announce Deal To Raise Debt Limit

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION, from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

Hours before a deadline to extend the federal debt limit, the stock market seems kind of comfortable. The Dow Jones Industrials are actually up this morning, amid some hope that Congress may agree on a measure to avoid default and also reopen the federal government.

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