Job Growth Falters Badly, Clouding Hope for Recovery  —  The United States economy added a meager 18,000 jobs in June, up from a gain of a revised 25,000 jobs in May, the Department of Labor said on Friday.  The unemployment rate rose to 9.2 percent from 9.1 percent in May, the department said.

BREAKING: Bachmann pledges to ban pornography  —  Tonight, Michele Bachmann became the first presidential candidate to sign a pledge created by THE FAMiLY LEADER, an influential social-conservative group in Iowa.  By signing the pledge Bachmann “vows” to “uphold the institution of marriage …

A Ceiling We Can't Wish Away  —  ON May 16, the United States hit its legal debt limit of $14.3 trillion.  Unless that limit is raised, the Treasury will, on Aug. 2, be unable to pay its bills.  It will then have to either stop spending money on government programs, or default on paying the nation's creditors.

What Obama Wants  —  On Thursday, President Obama met with Republicans to discuss a debt deal.  We don't know exactly what was proposed, but news reports before the meeting suggested that Mr. Obama is offering huge spending cuts, possibly including cuts to Social Security and an end …

Will Republican Race's First In Be the First Out?  —  AMES, Iowa — Tim Pawlenty was first in line to enter the Republican presidential race.  He is now fighting to avoid becoming the earliest major candidate to be shown the door.  —  No contender for the Republican nomination has followed …

Bachmann: ‘I Hope’ Higher Unemployment Will Help My Campaign  —  Appearing on CNBC this morning, presidential candidate Rep. Michele Bachmann (R-MN) was asked about this morning's dismal jobs report and whether higher unemployment rates might help her chances of winning in 2012.

CHART: Over 500,000 Government Jobs Lost Since Obama's Inauguration  —  So should we blame today's bad jobs numbers on Barack Obama's big government policies?  Again, I doubt it.  What we continue to see are decent—though not great—private sector job numbers offset by tumbling public sector employment:

What's In A Name?  Dems Support Social Security Benefit Cut — By Calling It Something Else  —  Social Security benefit cuts may be a bridge too far for House Minority Leader Nancy Pelosi (D-CA).  But what if Republicans and Democrats alike just agreed to refer to a benefit cut by another name.

Remarks by the President on the Monthly Jobs Report  —  THE PRESIDENT: Good morning, everybody.  Obviously, over the last couple of days, the debate here in Washington has been dominated by issues of debt limit, but what matters most to Americans, and what matters most to me as President …

TSA Agent Caught With Passenger's iPad in His Pants; Allegedly Took $50,000 in Other Goods, Cops Say  —  While most Transportation Security Administration employees are busy groping people or taking naked pictures of them, the cops say one of those employees was putting fliers' electronics down his pants.

Letter to Senator Patty Murray, Chair Democratic Senatorial Campaign Committee  —  Democratic Senatorial Campaign Committee  —  Dear Senator Murray:  —  For many months now, your colleagues in the Democratic Senatorial Campaign Committee leadership have engaged in a series of disparagements …

Falling Wages  —  Ugh.  That was a seriously ugly jobs report (pdf).  Almost no job creation, with slow private-sector growth offset by falling public-sector employment; a falling employment-population ratio; and (I don't know how many people have picked this up), an actual decline in wages, albeit a small one.

The Last Space Shuttle Launches Safely Into Orbit  —  CAPE CANAVERAL — The last mission in NASA's decades-long space shuttle program is now underway.  —  Atlantis rocketed into orbit today at 11:29 a.m. EDT and is flying at 17,500 mph around the Earth.  The mission, STS-135 …

It's a Trap!  —  I've seen several claims in the past 24 hours that “prove” that Attorney General Eric Holder, or Congress, or the President, or the Pope, knew about Gunwalker/Fast and Furious because of a speech someone made, or because of legislation being proposed or because of a line item in the Stimulus bill.

Mexican Citizen Is Executed as Justices Refuse to Step In  —  WASHINGTON — In a 5-to-4 decision that split along ideological lines, the Supreme Court on Thursday evening rebuffed a request from the Obama administration that it stay the execution of a Mexican citizen on death row in Texas.

Wisconsin schools buck union to cut health costs  —  The Hartland-Lakeside School District, about 30 miles west of Milwaukee in tiny Hartland, Wis., had a problem in its collective bargaining contract with the local teachers union.  —  The contract required the school district …

Boehner Sees Little Chance of Quick Deficit Deal  —  WASHINGTON — The Speaker of the House, John A. Boehner, said on Friday that no budget deal with President Obama and Congressional Democrats was imminent, while Mr. Obama also acknowledged “real differences” as the leaders prepared for a weekend of further talks.