Crisis Averted, but At What Cost?

The Shutdown is over.

The Debt Ceiling is lifted.

President Obama early this morning signed the legislation reopening the government and raising the debt ceiling. But it's just a reprieve until the new year when we could see another battle. The deals ends a 16 day shutdown and funds the government through January 15th. The debt ceiling is lifted until around the first week of February. The Senate passed the measure 81 to 18. The House vote was 285 to 144 (all the Dems signed it)

Meantime, both sides are saying all the right things. Promising to work together on some of the big issues facing the nation including the deficit.

Today the chairmen and ranking members of Senate and House budget committees will meet for breakfast to discuss a way forward on writing a new budget.. with a little less acrimony we can hope.

President Obama struck a balanced tone last night, but is expected to use the momentum from the deal to push for some of his other priorities including immigration reform and work on the environment. President Obama said "We've got to get out of the habit of governing by crisis."

Stay tuned.

Wendell Goler, Mike Emanuel, Ed Henry and Doug McKelway reporting. Molly Henneberg looks at the government restart.

Carl Cameron reporting today on how Speaker of the House John Boehner survives and maybe even thrives despite the hits the GOP has taken.

The drama certainly didn't help the economy. Standard & Poor suggests it cost the economy about $24 billion or about .6% of GDP.. not helpful when the economy isn't growing very quickly. We'll get into that with some guests.

The Secretary of Health and Human Services, Kathleen Sebelius has no intention of resigning according to the New York Times. That's despite growing Republican calls for her head after the botched rollout of the Affordable Care Act's health care exchanges. Peter Doocy reporting on the continuing problems with the Obamacare exchanges websites.

James Rosen will report today on the relentless Republican investigation into what happened in the terror attack in Benghazi, Libya.

Disturbing chatter from terror channels suggest a threat to Americans traveling overseas. Terrorists calling for the kidnapping of Americans in response to the capture of Abu Anas al-Liby. Catherine Herridge reporting.

Cory Booker won a special election in New Jersey last night to the U.S. Senate. He replaces deceased Senator Frank Lautenberg.

-Clint Henderson

for more news follow me on twitter @ClintPHenderson

Clint Henderson is the Executive Producer for “Happening Now” and an avid traveler. Follow his adventures on Twitter, ClintPHenderson, and Instagram, clintpage1.