CNN's GUT CHECK | for October 8, 2013 | 5 p.m.
- n. a pause to assess the state, progress or condition of the political news cycle
GOVERNMENT SHUTDOWN DAY 8
OBAMA: I’M SORRY: “We got to stop repeating this pattern,” President Barack Obama said about the debt ceiling at a weekly press conference. “I know the American people are tired of it. And it's all the American people. I apologize that you have to go through this stuff every three months. And Lord knows I'm tired of it."
BOEHNER: HISTORY SAYS LET’S TALK: “When it comes to the debt limit I agree with the president, we should pay our bills,” House Speaker John Boehner said in a response to Obama. “I didn't come here to shut down the government, I certainly didn’t come here to default on our debt. … But when it comes to the debt limit again, over the last 40 years, 27 times the debt limit has been used to force policy changes that would in fact reduce spending and put us on saner fiscal path.”
NO TALKS: A senior Republican source tells CNN’s Dana Bash that there are no talks going on at any level to resolve differences over the government shutdown and the debt ceiling deadline. House GOP sources are especially frustrated and angry with Senate Majority Leader Harry Reid because they think he is a big driver of Obama's “no negotiate” strategy.
YET… THE VOTES TO OPEN GOVERNMENT ARE THERE: There appeared to be enough votes in the House on Tuesday to approve legislation to reopen the federal government, according to an ongoing CNN survey of House members. All 200 Democrats and 18 Republicans support passing a continuing resolution with no additional legislative strings attached that would reopen the federal government, which has been partially closed for a week over a bitter policy dispute between Republicans and Democrats on health care. With two vacancies in 435 member House, 217 votes are currently the minimum needed for the measure to win approval in the House. – Dan Merica
MARKET WATCH: Stocks tumble on ongoing debt ceiling worries. Nasdaq falls 2%. Dow loses 157 points. S&P sheds 1.2%.
Gut Check loves baseball. Who is the only pitcher to throw a perfect game in the World Series? It happened on this day in 1956.
What caught our eye today in politics
Overnight on Monday, the international impact on a government default became obvious when both China and Japan - who hold a combined $2.4 trillion in U.S. debt - implored the U.S. to avoid default.
"We ask that the United States earnestly take steps to resolve in a timely way the political issues around the debt ceiling and prevent a debt default," said Vice Finance Minister Zhu Guangyao in an official response. "This is the United States' responsibility."
A senior Japanese official echoed Guangyao. Speaking to the Financial Times, the official said that country's Ministry of Finance is "very worried," and cited the market turmoil and "chaos" brought on by the failed House vote to authorize bank bailout funds in 2008.
The United States Congress must raise the debt ceiling by October 17 or else the government will be largely unable to pay its bills.
CNN Money's Charles Riley in Hong Kong rounds up what the international impacts of a U.S. default could be - and it isn't pretty.
"Economists predict a default would do great harm to economies around the world," Riley wrote. "Investors would likely drop the dollar, an event that would stress other currencies. Equity markets would surely take a hit, and transactions pegged to the value of Treasuries would be difficult to execute."
Did you miss it?
Leading CNNPolitics: Shutdown day 8: What you need to know
The partial government shutdown is now in its eighth day. While some people aren't feeling the impact yet, effects are hitting communities across the country. Here's what you need to know. – Leigh Ann Caldwell
Leading Drudge: Congressional Gym Stays Open
Head Start programs have been shuttered, small businesses can’t get loans and hundreds of thousands of federal government employees are furloughed. But the exclusive gyms available only to members of Congress have remained open throughout the shutdown. – Judd Legum for Think Progress
Leading HuffPo: Flirting with Disaster
Forget the warnings of economists and the treasury secretary that a default of United States debt would be catastrophic. Senior Senate Republicans are flirting with the idea anyway, saying the nation can breach the fast-approaching debt ceiling without calamitous results. – Michael McAuliff
Leading Politico: Power play: Reid sidelined Biden
When President Barack Obama laid out his strategy for the current debt-limit fight in a private meeting with Senate Majority Leader Harry Reid this past summer, Reid stipulated one condition: No Joe Biden. And while Biden attended the White House dog-and-pony show meeting last week with congressional leaders, Reid has effectively barred him from the backrooms, according to sources familiar with the situation. – Jonathan Allen and Carrie Budoff Brown
Leading The New York Times: A G.O.P. Moderate in the Middle ... of a Jam
Defying the party line, Representative Charlie Dent, Republican of Pennsylvania, is urging Speaker John A. Boehner to allow a vote on a budget bill without conditions. – Ashley Parker
The political bites of the day
– Talking past each other with no progress –
SPEAKER OF THE HOUSE JOHN BOEHNER AT A PRESS CONFERENCE ON CAPITOL HILL: “Americans expect us to work out our differences but refusing to negotiate is an untenable position and frankly by refusing to negotiate Harry Reid and the President are putting our country on a pretty dangerous path. Listen, there's never been a president in our history that did not negotiate over the debt limit. Never. Not once.”
DEMOCRATIC REP. XAVIER BECERRA OF CALIFORNIA AT A PRESS CONFERENCE ON CAPITOL HILL: “Speaker Boehner you know you have the votes to pass a clean bill which you, yourself had agreed to put on the floor when you had negotiations with Majority Leader Harry Reid in the Senate. You backed away from that. How can we trust you if you're not willing to abide by your own negotiated agreement and when you treat with such cavalier attitude, the question of why you won't let America get back to work and have our government re-open?”
– With dysfunction in Washington, Jindal trumpets GOP governors –
REPUBLICAN GOV. BOBBY JINDAL OF LOUISIANA IN AN INTERVIEW WITH CNN: “Republican governors, we want to reclaim our brand from Washington, D.C. We think voters are just frustrated with the dysfunction. For too many years we've outsourced what it means to be a Republican. We defined that in Washington, D.C. The only place in this country you're seeing conservative principles being applied are in our state capitals.”
– The birther byproduct of shutdown –
CONAN O’BRIEN ON HIS LATE NIGHT COMEDY SHOW: “A new survey, found that 9% of Americans have considered giving up their U.S. citizenship because of the constant arguing in Washington. Not good. Today, even Obama was like, ‘Are you sure I wasn't born in Kenya? I never saw a birth certificate.’”
What stopped us in 140 characters or less
Deirdre Walsh (@deirdrewalshcnn)
From @pcourson2 – at least 5 House Dems arrested at immigration demo outside Capitol-John Lewis, Al Green, Rangel, Schakowsky, Gutierrez
Mark Murray (@mmurraypolitics)
Another release in inbox: Rep. David Schweikert (R-AZ): "Anyone that uses the word 'default' is being horribly disingenuous..."
#CNN: Republicans drafting legislation that would restore death benefit payments to families of service members killed in action.
Leslie Bentz (@lbentzterp)
Stewart to Sebelius on health care law “Am I a stupid man?” http://on.cnn.com/19vXNmL @TheDailyShow #CNN
Rory Cooper (@rorycooper)
"I feel like you are favoring big business because they lobbied you...but you’re not allowing individuals that same courtesy." -Jon Stewart
Chris Savage (@Eclectablog)
Boehner wants something "that will put points on the board" during his #GOPshutdown. So much for "this is not some damn game"...
James Hohmann (@jameshohmann)
Built-in donor network: @MichelleNunnGA is Sam's son & knows lots of major donors from nonprofit work. http://goo.gl/gtxz2S
Mo Elleithee (@MoElleithee)
I'm impressed w/ @SenTedCruz. Not every freshman Sen has figured out how to be de facto House Speaker AND RNC Chair. http://www.washingtontimes.com/news/2013/oct/7/cruz-control-inside-gops-great-divide-on-obamacare/
Jennifer Jacobs DMReg (@JenniferJJacobs)
Iowa's Chuck Grassley: “I’m working. Everybody that works gets paid for working.” Not all lawmakers are refusing pay. http://www.govexec.com/pay-benefits/2013/10/not-all-lawmakers-are-standing-feds-refusing-pay/71468/?oref=skybox …
Igor Bobic (@igorbobic)
Wolf Blitzer Presses GOPer To Explain Why Obamacare Will Destroy America http://bit.ly/1b8crhD
Joe Veix (@joeveix)
.@BuzzFeed stole my article, so I'm stealing it back: http://bit.ly/GJHarA
TRIVIA ANSWER from @DanMericaCNN
Don Larsen was a journey pitcher for much of his career – in 15 years in Major League Baseball, he pitched for eight different teams.
But what Larsen is most known for is being the only pitcher in baseball history to throw a perfect game during the World Series – no hits, no walks, no errors.
The New York Yankee’s Larsen made history in Game 5 of the 1956 World Series against the Brooklyn Dodgers. He needed only 97 pitches – a feat in itself – and stuck out the 27th and final batter of the game.
The everlasting image of the moment was Yogi Berra jumping into Larsen’s arms after the game.
GUT CHECK WINNER’S CIRCLE
(why aren’t you in it)
Congrats to Zach Ripps, a diehard fan of the Yankees and Gut Check – in that order.
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