In debt talks, Obama offers Social Security cuts  —  President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for fresh tax revenue.

News of the World to close amid hacking scandal  —  Police are investigating allegations of phone hacking by the News of the World  —  This Sunday's issue of the News of the World will be the last edition of the paper, News International chairman James Murdoch has said.

Father spoke of having Obama adopted  —  US immigration files from '61 reveal Kenyan student's plan  —  President Obama as a young boy, with his father, who left when his son was 2.  (Obama for America via Associated Press)  —  In the spring of 1961, President Obama's father revealed …

Exclusive: Treasury secretly weighs options to avert default  —  (Reuters) - A small team of Treasury officials is discussing options to stave off default if Congress fails to raise the debt limit by the August 2 deadline, sources familiar with the matter said on Wednesday.

The Only Reform That Will Restrain Spending  —  All 47 Senate Republicans now support changing the Constitution to balance the federal budget.  —  Whatever happens when President Obama meets with congressional leaders of both parties at the White House today, no long-term solution is on the table …

‘Fast & Furious’ gets hotter for Holder  —  Don't look now, but the real action in Washington this week isn't the parti san wrangling over the debt ceiling but something — literally — even more incendiary: Operation Fast and Furious, which seems about to explode right in the face …

Thinking Outside the Box: Let's Lower the Debt Ceiling  —  In the midst of our economic emergency, which is beginning to resemble a full-on Greece-style meltdown, every politician in America has taken to the soap box to say the exact same thing: We need to reduce our national debt and cut spending to get America back on track.

Unemployment Rate Won't Hobble Obama's Re-Election, White House Aide Says  —  The White House's top political adviser, downplaying the significance of the unemployment rate in the 2012 election, said the Republican candidates are offering the same policies that caused the economic crisis …

Casey Anthony Sentenced to 4 Years  —  Casey Anthony, who earlier this week was found not guilty of killing her daughter, was sentenced on Thursday to four years in jail, not including the nearly three years she has already served.  The precise amount of time she will spend in jail has not yet …

Michele Bachmann on Iowa TV: ‘Waterloo’  —  Michele Bachmann is going up in Iowa with the first television ad of her presidential campaign, a 30-second spot titled “Waterloo” that Bachmann's team says will start running statewide today.  —  The bio spot, produced by Strategy Group Media …

Brody File Exclusive: GOP Presidential Candidates Will be Asked to Sign a Marriage Vow  —  The Brody File has learned that The Family Leader, an influential pro-family group in Iowa will ask each of the 2012 presidential candidates to sign a marriage pledge that professes everything …

Pawlenty likes “Bad Romance”  —  Tim Pawlenty, weighing in on his favorite Lady Gaga songs while in Iowa. … T-Paw is often fond of saying he's not as exciting as Lady Gaga, but this is the first time he's gone deeper into Gaga.  —  Comes 2:10 in...  You can watch the Gaga acapella performance here.

The Great Recession, Part II  —  The world could be headed for another economic disaster if we continue to listen to free-market ideologues.  —  Just a few years ago, a powerful ideology—the belief in free and unfettered markets—brought the world to the brink of ruin.

Ruthless People  —  Libs to Ginsburg: Drop dead.  —  Some legal observers would like to be rid of Justice Ruth Bader Ginsburg, the Associated Press reported over the weekend.  These aren't conservatives who find her too activist but liberals who find her too old and worry that if she doesn't get out soon …

Democrats Pick David Weprin, an Assemblyman, to Run for Weiner's Seat  —  Queens Democratic leaders on Thursday named David I. Weprin, a 58-year-old state assemblyman, as their nominee in a Sept. 13 special election to replace former Representative Anthony D. Weiner, according to Democratic officials.