Top Items:
Ezra Klein:
An imperfect, but not-that-bad, deal on the tax cuts — The White House and the Republicans are pretty close to a final deal on the Bush tax cuts. Here are the specifics, though it's worth saying that as near as this is to completion, it's still not done, and so it could change:
Discussion:
The Baseline Scenario, NPR, Felix Salmon, Taylor Marsh, Firedoglake, Economist's View, No More Mister Nice Blog and The New Republic
RELATED:
Shailagh Murray / Washington Post:
Tax-cut deal reached between Obama, Republicans — President Obama and congressional Republicans agreed Monday to a tentative deal that would extend for two years all the Bush-era income tax breaks set to expire on Dec. 31, continue unemployment benefits for an additional 13 months …
Pat Garofalo / ThinkProgress:
Obama Agrees To Extend All Bush Tax Cuts And Cut Estate Tax In Deal With Republicans — The White House just announced that it has settled on the details of the deal it has been cooking up with Congressional Republicans over the coming expiration of the Bush tax cuts.
Discussion:
Los Angeles Times, Off the Charts Blog, The Daily Caller, DISSENTING JUSTICE and South Capitol Street
New York Times:
Tax Deal Suggests New Path for Obama — WASHINGTON — President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed …
Jon Ward / The Daily Caller:
Obama and GOP reach deal on two-year extension of Bush tax cuts for all incomes — President Obama and congressional Republicans have reached a tentative deal to extend the Bush tax cuts for all income levels and are presenting the proposal to congressional Democrats Monday afternoon, The Daily Caller has learned.
Discussion:
TPMDC, CNN, The TrogloPundit, Wall Street Journal, Political Punch, BAGnewsNotes, Pirate's Cove, AmSpecBlog, The Hill, The Hill, Hot Air, Wake up America, RedState, National Review, The Fix and New York Times
Wall Street Journal:
White House Proposes Payroll-Tax Holiday — WASHINGTON—Aides to President Barack Obama are proposing a one-year reduction in the payroll tax as part of negotiations with Congress on a broader package to stave off income-tax increases due to take effect next year.
Discussion:
Michelle Malkin, Don Surber and New York Magazine
David Dayen / Firedoglake:
Tax Cut Deal Includes Monstrous Estate Tax, Dividend Concession — I don't think we should jump on this fully until we see a full solution. But enough of the usual suspects have signaled that a tax cut deal is imminent, with the same broad contours, that we should take a look at the particulars.
Andrew Samwick / Capital Gains and Games blogs:
If This Is Working Together, I'll Take Gridlock — A weak economy is not an excuse to spend money we don't have on things we don't need. I am with Stan on this tax cut deal. And Paul Krugman, for that matter. I repeat my view that the Bush era tax cuts should expire on schedule.
Discussion:
Guardian, ourfuture.org/blogs_chrono/* and The Huffington Post
The White House:
Statement by the President on Tax Cuts and Unemployment Benefits Room 430 — Eisenhower Executive Office Building — THE PRESIDENT: Hello, everybody. Sorry to keep you waiting. — For the past few weeks there's been a lot of talk around Washington about taxes and there's been a lot …
Discussion:
The Hill, Pajamas Media, The Foundry, Open Congress, News Hounds and Economics Policies …
Ezra Klein:
Who graduates, who votes and who's unemployed — in one graph
Who graduates, who votes and who's unemployed — in one graph
Discussion:
Mother Jones and The New Republic
Ezra Klein:
The Bush tax cuts in one chart
The Bush tax cuts in one chart
Discussion:
Top of the Ticket, Politics Daily, Connecting.the.Dots and Alas, a blog
Scott Wilson / Washington Post:
Obama's tax cut extension part of strategy to show bipartisanship
Obama's tax cut extension part of strategy to show bipartisanship
Discussion:
New York Times and Prairie Weather
Ezra Klein:
Why aren't the Democrats using reconciliation to pass the tax cuts?
Why aren't the Democrats using reconciliation to pass the tax cuts?
Discussion:
The Impolitic and The Atlantic Online
Michael O'Brien / The Hill:
Bachmann: GOP could scuttle tax deal tied to extending jobless aid
Bachmann: GOP could scuttle tax deal tied to extending jobless aid
Discussion:
Sky Dancing, Daily Kos, Outside the Beltway and Zandar Versus The Stupid
James Hohmann / The Politico:
Bush job approval rating higher than Obama's
Bush job approval rating higher than Obama's
Discussion:
Hot Air, The Gateway Pundit, Weasel Zippers, South Capitol Street and FrumForum
Felicia Sonmez / Washington Post:
Retiring Sen. George Voinovich to oppose any extension of Bush-era tax cuts
Retiring Sen. George Voinovich to oppose any extension of Bush-era tax cuts
Discussion:
PostPartisan, Firedoglake, National Review, Alan Colmes' Liberaland, Crooks and Liars, The Gateway Pundit and Hullabaloo
msnbc.com:
‘Framework for a bipartisan agreement’ on tax cuts
‘Framework for a bipartisan agreement’ on tax cuts
Discussion:
Oliver Willis and New York Magazine
The Huffington Post:
Tax Cut Deal: White House, GOP Leaders Close To Agreement
Tax Cut Deal: White House, GOP Leaders Close To Agreement
Discussion:
DownWithTyranny!, The Gateway Pundit and Daily Kos
Sam Youngman / The Hill:
Obama, GOP strike deal to extend Bush-era tax cuts by two years
Obama, GOP strike deal to extend Bush-era tax cuts by two years
Discussion:
The Nation
The Caucus:
Deal on Bush Tax Cuts Trims Payroll Levy
Deal on Bush Tax Cuts Trims Payroll Levy
Discussion:
Wall Street Journal, Mother Jones, National Review, Philly.com, AMERICAblog News and Daily Kos
Carrie Budoff Brown / The Politico:
Obama, Republicans reach deal to extend tax cuts
Obama, Republicans reach deal to extend tax cuts
Discussion:
Firedoglake, Taegan Goddard's …, AlterNet, Eunomia, South Capitol Street, Balloon Juice, CNN, Online NewsHour, Economix, Wonk Room, Colorlines and Free exchange
David Weigel / Weigel:
Just How Big of a Dive is Obama Taking on Tax Cuts?
Just How Big of a Dive is Obama Taking on Tax Cuts?
Discussion:
The Moderate Voice, AmSpecBlog, The New Republic and Yglesias
Matthew Weaver / Guardian:
WikiLeaks founder Julian Assange arrested — • Julian Assange arrested and due to appear in court — • US attorney general Eric Holder pledges to stem leaks — • Latest cables reveal US plans to defend Baltic states — • Full coverage of the WikiLeaks cables
Discussion:
New York Times, Politics Daily, Media Diary, Raw Story, CNN, msnbc.com, Towleroad News #gay, Telegraph, TwitLonger, Gizmodo and News: News blog, more at Mediagazer »
RELATED:
Christopher Hitchens / Slate:
The WikiLeaks founder is an unscrupulous megalomaniac with a political agenda. — In my most recent book, I reprint some words from a British Embassy cable, sent from Baghdad to the Foreign Office in 1976. The subject is Iraq's new leader. His quiet coup d'etat is reassuringly described as …
Discussion:
Hot Air, JOSHUAPUNDIT, Telegraph, Tim Blair, Daniel W. Drezner, New York Times and Right Wing News
BBC:
Wikileaks founder Julian Assange arrested in London — Julian Assange denies sexually assaulting the two women — The founder of the whistle-blowing website Wikileaks, Julian Assange, has been arrested by police in London. — The 39-year-old Australian, who was the subject of a European arrest warrant …
Discussion:
Guardian, Gawker, European Tribune and Sydney Morning Herald, more at Mediagazer »
Lbentzterp / CNN:
TRENDING: Elizabeth Edwards stops cancer treatment, releases statement — (CNN) - Elizabeth Edwards is surrounded by family and friends in her North Carolina home after being informed by her doctors that further cancer treatment would be unproductive. — “Elizabeth has been advised …
Discussion:
American Power, ABCNEWS, The Moderate Voice, Suburban Guerrilla and The Page
RELATED:
Sandra Sobieraj Westfall / People.com:
Elizabeth Edwards's Cancer Spreads — Elizabeth Edwards's cancer fight has taken a turn for the worse, with the disease spreading to her liver and doctors recommending against additional treatment. — “Elizabeth has been advised by her doctors that further treatment of her cancer would be unproductive.
Discussion:
WRAL-TV, Politics Daily, USA Today, CBS News, TPMDC, About.com US Liberal Politics, Ben Smith's Blog, Gawker and New York Magazine
Ben Armbruster / ThinkProgress:
TX GOP Official Opposes Jewish House Speaker: Christians ‘Are The People That Do The Best Jobs’ — Last month, several Tea Party activists formed a right-wing coalition to oust Rep. Joe Straus (R) as Texas House Speaker. They began circulating emails with anti-Semitic messages against Straus, who is Jewish.
Discussion:
Alan Colmes' Liberaland, Mediaite and South Capitol Street
Michael Calderone / Yahoo! News:
Some news outlets stop calling WikiLeaks a ‘whistle-blower’ — WikiLeaks' critics haven't been shy in their characterizations of the online document clearinghouse over the past week. The Senate's Republican leader, Mitch McConnell of Kentucky, blasted editor-in-chief Julian Assange on on …
Discussion:
Wall Street Journal, Guardian, The Nation, BBC, Crikey, CNET News, Tom Watson, Raw Story, Cato @ Liberty and South Capitol Street, more at Mediagazer »
RELATED:
Declan McCullagh / CNET News:
MasterCard pulls plug on WikiLeaks payments
MasterCard pulls plug on WikiLeaks payments
Discussion:
The Moderate Voice, Salon, BBC, AlterNet, Raw Story, Clay Shirky, Guardian, Threat Level and Gawker, more at Techmeme »
Jill / Feministe:
Some thoughts on “sex by surprise” — There's a lot going around in bloglandia and on the interwebs about WikiLeaks honcho Julian Assange's sexual assault charge in Sweden; commentators are saying that Assange didn't really rape anyone, and these are trumped-up charges of “sex by surprise …
Felix Salmon:
Chart of the day: U.S. taxes — Stephen Culp has another striking chart today: — This chart should be ingrained in the mind of anybody who cares about fiscal policy. The main things to note: — Federal taxes are the lowest in 60 years, which gives you a pretty good idea …
Discussion:
Firedoglake and Hullabaloo
Alan Cowell / New York Times:
19 Countries to Miss Nobel Peace Prize Ceremony — LONDON — The number of governments which have decided not to represented when the Nobel Peace Prize is awarded to the imprisoned Chinese dissident Liu Xiaobo this week has more than tripled to 19, the Norwegian prize committee said on Tuesday …
Rasmussen Reports:
Most Say Continuing Offshore Ban Will Hurt Economy — The Obama administration announced last week that it is continuing the ban on offshore oil and gas drilling along the Eastern seaboard and in the eastern portion of the Gulf of Mexico. Most voters expect that decision to drive up gas prices and hurt the economy.
Discussion:
Hot Air and HotAirPundit
Manu Raju / The Politico:
Study: Congress sought 39,294 earmarks — Members of Congress requested almost 40,000 earmarks that exceeded $100 billion directed to their home districts and states for the current fiscal year, according to a first-of-its-kind analysis to be released Tuesday.