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Senate Deals, House Set for Debt, and Ted Cruz’s Secret Meeting with House Conservatives

Wed Oct 16, 2013 AT 6:00 AM EDT

Harry Reid and Mitch McConnell were filling out the details Tuesday night on a deal to avert a federal debt default, reports Politico. But the House appears in disarray, after a day in which Speaker John Boehner was unable to garner enough support to pass his own proposed debt deal, according to the Wall Street Journal. As a result of the day’s action, Fitch Ratings placed the nation’s AAA credit rating on its negative watch list, noted CNBC.

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