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5:15 PM ET, July 7, 2011

memeorandum

 Top Items: 
Lori Montgomery / Washington Post:
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.
RELATED:
Billy House / NationalJournal.com:
Boehner: ‘Maybe 50-50’ Chance of a Debt Deal Reached Within 48 Hours  —  House Speaker John Boehner, R-Ohio, speaks with reporters after a meeting with House Republicans on Capitol Hill on Thursday.  —  House Speaker John Boehner, R-Ohio, informed fellow House Republicans on Thursday …
Ezra Klein / Washington Post:
The budget deals of Reagan, Bush, Clinton and Obama, in one chart  —  There are two ways to read the current stalemate in the debt-ceiling negotiations.  There's David Brooks's take, which is that watching Republicans pass up “the deal of the century” should leave conservatives convinced there's something wrong with the GOP.
New York Times:
Obama to Push for Wider Deal With G.O.P. on Deficit Cuts  —  WASHINGTON — Heading into a crucial negotiating session on a budget deal on Thursday, President Obama has raised his sights and wants to strike a far-reaching agreement on cutting the federal deficit as Speaker John A. Boehner …
Pew Research Center for the People and the Press:
Public Wants Changes in Entitlements, Not Changes in Benefits  —  GOP Divided Over Benefit Reductions  —  OVERVIEW  —  As policymakers at the state and national level struggle with rising entitlement costs, overwhelming numbers of Americans agree that, over the years, Social Security …
Alexander Bolton / The Hill:
Senate Democrats fuming over Obama's apparent move on Social Security  —  Senate Democrats reacted angrily Thursday to a report that President Obama has proposed significant cuts to Medicare and Social Security in closed-door talks with GOP leaders.  —  Democratic lawmakers said they were dismayed …
Discussion: Firedoglake and Sky Dancing
Sam Stein / The Huffington Post:
Obama Aide On Social Security Cut Story: It ‘Overshoots The Runway’ (UPDATED) … Social Security , Debt Ceiling , Debt Limit , Obama Social Security , Social Security Benefits , White House Debt Talks , Debt , Obama Social Security Cuts , Social Security Cuts , White House Debt Ceiling , White House Social Security , Politics News
Mike Lillis / The Hill:
Pelosi not informed in advance of Obama's broader reform plans
Mike Lillis / The Hill:   Pelosi, Obama to meet privately on debt limit
John T. Bennett / The Hill:
Defense faces $700B spending cut
Bob Cusack / The Hill:
Obama move on Social Security puts him at odds with Dem leaders Reid, Pelosi
BBC:
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.
RELATED:
Sally Jacobs / Boston Globe:
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 …
Reuters:
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.
RELATED:
Felix Salmon:
What happens on August 3?  —  Samuel Beckett's famous phrase …
Discussion: FrumForum and Credit Writedowns
The Daily Beast:
Elizabeth Smart, Network Pundit?  —  Amid the Casey Anthony frenzy, ABC News is close to unveiling its latest contributor.  Howard Kurtz reports exclusively on the kidnap victim's new career.  —  Elizabeth Smart first came into our consciousness nearly a decade ago as a 14-year-old girl kidnapped from her Salt Lake City bedroom.
RELATED:
Nate Silver / FiveThirtyEight:
Why the Republicans Resist Compromise  —  The chart that I'm going to show you is one of the more important ones that we've presented at FiveThirtyEight in some time.  It helps explain a lot of what's going on in American politics today, from the negotiations over the federal debt ceiling to the Republican presidential primaries.
RELATED:
Alan I. Abramowitz / Sabato's Crystal Ball:   Setting the Record Straight: Correcting Myths About Independent Voters
New York Post:
‘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 …
Directorblue / Doug Ross:
LulzSec doc drop: Arizona Officials Say Hezbollah Operating in Mexico  —  A document drop by LulzSec has revealed an ominous bulletin from police officials in Tucson, Arizona.  In short, law enforcement is advised to be on the lookout for Hezbollah terrorists operating in the traditional smuggling corridors …
Discussion: Pajamas Media
RELATED:
Public Intelligence:
(U//FOUO) LulzSec Release: Arizona Police Say Hezbollah is in Mexico
Discussion: The Jawa Report and Atlas Shrugs
RELATED:
Ed Morrissey / Hot Air:
Did Obama lie about White House salaries in Twitter town hall?  —  During his Twitter town hall, Barack Obama wanted to let Americans know that his administration feels the nation's economic pain just like everyone else.  Why, his staff — well-paid as they are, with 21 of them making …
RELATED:
LATimes / Top of the Ticket:
Twitter Town Hall: The complete transcript of Barack Obama and Jack Dorsey
Maggie Haberman / The Politico:
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 …
The Politico:
Romney cash haul sparks GOP fears  —  The Republican presidential fundraising reports are still coming in, but a clear winner has already emerged: Barack Obama.  —  Whoever claims the GOP nomination is going to find it close to impossible to keep pace with the president's fundraising juggernaut.
Wall Street Journal:
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 …
Karl Smith / Modeled Behavior:
Are there Too Many Homes in America Ctd / There Will Be Inflation / This is the Story of 2012  —  A chart on rental vacancies from Ries via Calculated Risk  —  So what do we see directly: Rental vacancies are falling.  The rental market is tightening up.  We should expect higher rents and thus higher inflation in the near future.
Discussion: ThinkProgress and Free exchange
Tim Rogers / Christian Science Monitor:
Could Donald Trump reenter the presidential race?  —  During a visit to Panama to inaugurate the first Trump hotel and tower outside the US, real estate mogul Donald Trump called President Ricardo Martinelli an example for Washington.  —  Panama City, Panama
David Brody / The Brody File:
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 …
 
 
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 More Items: 
Michael McAuliff / The Huffington Post:
Orrin Hatch: The ‘Poor’ Should Do More To Shrink Debt, Not The Rich (VIDEO)
Sabato's Crystal Ball:
What's the Magic Number?
Isabel Kershner / New York Times:
U.N. Report Criticizes Israel for Actions at Border
Discussion: National Review and ThinkProgress
Stephanie Mencimer / MoJo Articles:
Why Jamie Leigh Jones Could Lose Her KBR Rape Case
Pete Kasperowicz / The Hill:
Angry House members look to defund Libya mission
Discussion: ThinkProgress
Caroline May / The Daily Caller:
Jet industry furious at Obama
Discussion: Pajamas Media
 Earlier Items: 
Ed Morrissey / Hot Air:
Do we really have a revenue problem?
Andrew Restuccia / The Hill:
House to vote on repealing light bulb efficiency standards
Kate Sheppard / Mother Jones:
Brownback Taps Lawyer for Anti-Abortion Activists for State Medical Board
Michael Yon / Online Magazine:
The Snapper  —  Bomb Tricks and Techniques in Afghanistan  —  07 July 2011
Christian Heinze / GOP 12:
Pawlenty likes “Bad Romance”
Discussion: Gawker and USA Today
Joseph E. Stiglitz / Slate Magazine:
The Great Recession, Part II
 

 
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Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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