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COASTAL FLOOD ADVISORY IN EFFECT FROM 9 PM TUESDAY TO 2 AM EDT WEDNESDAY * WHAT...Up to one foot of inundation above ground level expected in vulnerable areas near the waterfront and shoreline. * WHERE...New York (Manhattan), Bronx, Northwestern Suffolk, Northeastern Suffolk, Northern Queens and Northern Nassau Counties. * WHEN...From 9 PM Tuesday to 2 AM EDT Wednesday. * IMPACTS...Minor flooding is expected in the most vulnerable locations near the waterfront and shoreline. Expect around 1 to locally 2 feet of inundation above ground level in low lying, vulnerable areas. Some roads and low lying property including parking lots, parks, lawns and homes/businesses with basements near the waterfront will experience shallow flooding. * ADDITIONAL DETAILS...There is still uncertainty on when the peak surge arrives. This forecast is based on a worst case scenario, with a 2-3 ft surge coming in at the time of high tide Tuesday Night. If the surge peaks earlier, then water levels and inundation will be less than forecast.

The Debt Ceiling Has Been Raised and the Shutdown is Postponed

LongIsland.com

The Continuing Appropriations Act, 2014 will provide funds until January 15, 2014 and will extend the Nation’s debt limit through February 7, 2014.

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The Government shutdown lasted sixteen days and just a day ago, Americans feared the country would default on its debt. For now though the shutdown has been averted and the United States avoided financial disaster. After two weeks a deal has been made and President Obama signed into law the Continuing Appropriations Act, 2014. This will provide funds until January 15, 2014 and will extend the Nation’s debt limit through February 7, 2014. Government workers can also return to work and parks are re-opened. 
 
The road to reaching a deal during the shutdown involved a lot of back and forth between Democrats and Republicans which were mostly unsuccessful. Last Thursday President Obama accused the House of holding the government hostage over the Affordable Care Act. 
 
“This morning I had a chance to speak with Speaker Boehner,” said Obama. “And I told him what I've been saying publicly, that I am happy to talk with him and other Republicans about … But I also told him that having such a conversation, talks, negotiations shouldn't require hanging the threats of a government shutdown or economic chaos over the heads of the American people.”
 
The biggest scare during the shutdown was the United States hitting its self-imposed borrowing limit. Had a deal not been made the treasury would have been left with only $30 billion and whatever tax revenues were necessary to pay certain obligations. Programs and loans would not be paid on time and the U.S. Government faced defaulting for the first time. 
 
Not only did the United States avoid a national and global economic crisis, but the Nation also avoided having its credit status lowered. Fitch Ratings, the third-largest credit-rating agency, said they would have lowered the rating from the current AAA status. Standard & Poor’s downgraded the rating to AA+ once already after 2011’s debt crisis.  
 
[Source: White House]