Ted Cruz: No, I won’t hold up the Senate bill to end the shutdown

◼ A clear majority — 52 percent — of those who agree with the tea party say it’s unnecessary to raise the debt limit at all. Something to bear in mind if/when Boehner ends up stepping down before the midterms and the caucus is forced to decide whether to elect a centrist or conservative as his successor. - HotAir

◼ Armageddon is averted: Boehner and Cruz CAVE IN to allow Democrat debt ceiling bill to speed through Congress before default deadline can cause global chaos - Daily Mail

Top lawmakers announced a compromise on the Senate floor at noon Wednesday, and it's all over but the voting

Senator Ted Cruz, a tea party hardliner who has been making hardline demands over the deadlock, has said he will not block the vote

Both houses of Congress must now race against time to beat the ticking clock – a midnight deadline is when U.S. risks defaulting on its debts

Crashing through the debt ceiling could bring a crushing default if the U.S. doesn't have enough cash to pay interest to its creditors

The Dow Jones spiked 200 points on news of possible deal this morning

Billionaire Warren Buffet said it would be a 'pure act of idiocy' if the U.S. defaulted on its debts

Fitch put U.S. debt on 'ratings negative watch' over the 'political brinkmanship' that risks the strength of the dollar as the 'preeminent global reserve currency'

◼ US default deal: America is the certain loser
Short-term deal on averting default and reopening government after shutdown is a sign of how far Washington's politics has fallen - Peter Foster, Washington/The Telegraph

...it is yet another depressing illustration of how Washington's broken politics continues to undermine confidence in the US economic recovery and raise questions about the long-term viability of the dollar as the world's reserve currency.

◼ Ted Cruz is Doing the Right Thing - Erick Erickson/RedState

While you and I and he and everyone else knows the debt ceiling issue will not actually throw us into default, we must remember low information voters and the media. The media will report that Ted Cruz has single handedly thrown the nation into default. Senate Republicans have been positively giddy at the prospects of Cruz filibustering the debt ceiling increase because they want nothing more than to blame him for everything and ignore their own capitulation.

Cruz rightly has pointed out that the Senate Republicans refused to stand shoulder to shoulder with House Republicans. The Senate GOP made it its mission to undermine conservatives every step of the way. For the past two weeks, the Senate GOP has leaked as much as possible to damage Cruz, Mike Lee, and conservatives. They have planted stories about outside groups, treated conservative scornfully, and in closed door meetings berated Cruz, Lee, and others for daring to fight.

The debt ceiling will be raised whether Cruz filibusters or not.