Good Monday morning.
The possible federal government shutdown is the biggest story on our radar today. We’ll be watching activity in the Senate where we’re hearing a vote will happen shortly after the chamber convenes at 2 p.m. We’ll live stream the Senate floor. Read the Morning Line for our politics team’s breakdown of the situation. Some highlights:
- Up to 800,000 federal employees could be furloughed
- House Republican Majority Leader John Boehner criticized the Senate for waiting until Monday to take action after the weekend House vote.
- The shutdown will cause problems for homebuyers and tourists first
U.S. – Israel
President Obama will meet with Israel Prime Minister Netanyahu at the White House at 11:15 this morning. Iran will be the primary topic on the table.
Gulf Oil Spill
The second phase of the BP liability trial in the 2011 Gulf oil spill begins today. This trial will determine the amount of fines BP will be required to pay, ranging from $2.7 billion to $18 billion.