Here's a summary through my jaded viewpoint: Reid is angry at Obama for giving too much in other negotiations. They agree to a united front and they pull it off.
What is missing is a concern about the next election, and how this deal would help the position of the Dems with respect to the electorate. Instead, the focus is what the Dem elected officials hope to get or avoid giving up in the negotiations--not a bigger picture. How they decide which positions they should stake out and why those are good positions for them, or more importantly good for the country, that's the inside story I'd love to read.