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Here are the headlines you Need2Know for Friday, October 1, 2021:

SHUTDOWN AVERTED

Congress passed a short-term bill to keep the federal government open, which President Biden signed with just hours to spare. That averts one crisis as Democrats continue to negotiate with Republicans on raising the debt ceiling, and among themselves on the two big spending bills that make up Biden’s economic agenda. The infrastructure vote was postponed, but could happen today. The impasse on the bigger bill remains after Sen. Joe Manchin said he won’t go higher than $1.5 trillion, while progressive want $3.5 trillion. AP

COVID LATEST

The state of the pandemic in the U.S. is getting better. New cases are continuing to steadily decline, especially in the southern states hit hardest by the Delta wave. Florida is down from an average of 20,000 new cases a day in August to just 6,000 a day now.  The R-rate, or reproduction rate -- the calculation of how many new infections are caused by a single Covid case -- is now below 1 in 47 states. Still, the recovery isn’t equal: Alaska is now experiencing the most pronounced spike in the country, straining its few hospitals. And amid the promising news, the country is on track to pass 700,000 confirmed deaths this weekend. NY TIMES

MAIL SLOWDOWN

Mail delivery will start to slow today, as the U.S. Postal Service implements new service cuts that are part of the postmaster general’s 10-year plan to cut costs and modernize the agency. The service cuts will affect about 40% of first class mail, specifically mail that has to travel longer distances. The changes mean that if you’re mailing a card, letter or bill across the country you should budget up to five days for it to reach the destination. USA TODAY

'SECRETARY OF EVIL' TRIAL

German police apprehended a 96-year-old alleged war criminal after she skipped out on her scheduled trial. Irmgard Furchner disappeared from her nursing home hours before she was due to stand trial for aiding and abedding 11,000 murders when she was a secretary at a Nazi concentration camp during the Holocaust. Furchner did not get very far before she was found and detained. The case is getting extraordinary attention not only because it’s likely one of the last Nazi trials, but because Furchner was a civilian. BBC

SEPTEMBER SLUMP

September was the worst month for the stock market since March 2020, when the seriousness of the pandemic sent a shockwave down Wall Street. The S&P lost 5% for September, though the index still managed to eke out a gain for the third quarter. CHEDDAR

FACEBOOK WHISTLEBLOWER

The Facebook employee who leaked thousands of pages of internal documents to the Wall Street Journal will reveal her identity on 60 Minutes Sunday. That whistleblower is also expected to testify in front of Congress next week after providing regulators with the same material she gave to the Journal. At a separate hearing on Thursday, a top Facebook exec faced a grilling from senators who compared the company to Big Tobacco for going after children with a product they know is harmful to their health. CBS NEWS

PRODIGAL SON RETURNS

This Sunday will deliver one of the most anticipated early-season NFL matchups in a long time. Tom Brady and the Tampa Bay Bucs are playing the New England Patriots in Foxboro for the first time since Brady decamped to win a Super Bowl with his new team. The game will pit Brady against former coach Bill Belichick amid more reports of bad blood between the two. There are memes galore ahead of the showdown, and NBC’s so excited they licensed an Adele song for the promo: WATCH

HOLLYWOOD STRIKE WATCH

Tens of thousands of Hollywood craftspeople will start voting today on whether to authorize a strike that would shut down TV and film production nationwide. The International Association of Theatrical Stage Employees union has been at an impasse with the studios over its contract. Many production workers have been complaining that the boom in streaming has created untenable working conditions, leaving them exhausted. Among the things IATSE is asking for is a mandatory 10-hour minimum “turnaround” time between production days and an end to the notorious “Fraturday” Friday-Saturday overnight shift. VARIETY

SPOTTED...

...Padres superstar Fernando Tatis Jr., drilling a home run out of Dodger Stadium: WATCH

...Mick Jagger, going unnoticed as he grabbed a beer at a local bar in Charlotte. The Stones are on tour without their beloved drummer Charlie Watts, who died in August: SEE PIC

…Jon Stewart, returning to television with his new Apple TV+ talk show, The Problem w/ Jon Stewart. The biweekly series is a more serious look at current events than The Daily Show, but with a dash of Stewart’s trademark humor: READ REVIEW

LEFTOVERS: STAR POWER

The Super Bowl halftime show is set: Dr. Dre, Snoop Dogg, Mary J. Blige, Kendrick Lamar and Eminem will share the stage at the big game in February. Super Bowl LVI is happening at the new SoFi Stadium in Los Angeles, and three of the performers -- Dre, Snoop and Kendrick -- hail from the southern California rap scene. ESPN

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

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California Starts Largest U.S. Food Waste Recycling Program
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Severe Snowstorm Blankets D.C., Mid-Atlantic Region
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Over 3,000 Flights Canceled on Monday Over Severe Weather, Crew Shortages
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End of Child Tax Credit Could Mean Slide Back Into Increasing Child Poverty
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
NYT Piece Claims Silicon Valley Investors and Founders Contorted Legal Tax Break to Avoid Taxes on Investment Profits
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