1. Crisis Averted

    Biden, McConnell Negotiated Deal

    WASHINGTON, DC - DECEMBER 30: Senate Minority Leader Mitch McConnell (R-KY) walks with reporters on his way to a meeting with Republicans on Capitol Hill December 30, 2012 in Washington, DC. The House and Senate are both in session today to deal with the looming 'fiscal cliff.' issue. (Photo by Drew Angerer/Getty Images)

    Drew Angerer/Getty

    Despite the drama of months of negotiations between President Obama and House Speaker John Boehner, it was a day of phone calls between Vice President Joe Biden and Senate Minority Leader Mitch McConnell on Monday that finally resulted in a deal to avert the fiscal cliff. It is the third time that Biden and McConnell have saved the day at the last minute. In 2010, they struck a deal over the expiring Bush-era tax cuts and in August 2011, they came up with a bargain during the showdown over the debt ceiling. One Republican aide said, “It’s a buddy thing. The two of them can do business, they can find solutions together.”

    Read it at The Washington Post