10 things you need to know today: October 27, 2015

The GOP and the White House strike a budget deal, Navy ship sails by disputed South China Sea islands, and more

An aerial photo of one of the disputed islands in the South China Sea.
(Image credit: Ritchie B. Tongo/Pool Photo via AP, File)

1. White House and GOP reach budget agreement

Congressional Republicans and the White House reached a tentative budget deal late Monday, potentially averting the chance of another government shutdown before President Obama leaves office. The $80 billion, two-year agreement would raise the debt limit and roll back some controversial 2011 automatic spending cuts, raising both defense and social spending a bit. The package still faces some opposition within both parties. A vote could come as early as Wednesday.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.