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9:40 AM ET, July 10, 2011

memeorandum

 Top Items: 
The Politico:
Under pressure from right, John Boehner steps back on debt deal  —  House Speaker John Boehner, under pressure from the right and facing resistance from his own deputies, backed away Saturday from a bold $4 trillion deficit-reduction package that he once hoped would resolve the August debt ceiling crisis …
RELATED:
Carl Hulse / New York Times:
Boehner Scales Back on Deficit Talks, Citing Tax Increases  —  WASHINGTON — Citing differences over tax revenues, House Speaker John A. Boehner said on Saturday night that he would pull back from joint efforts with President Obama to reach a sweeping $4 trillion deficit-reduction plan tied …
Washington Post:
Boehner abandons efforts to reach comprehensive debt-reduction deal  —  House Speaker John A. Boehner abandoned efforts Saturday night to cut a far-reaching debt-reduction deal, telling President Obama that a more modest package offers the only politically realistic path to avoiding a default on the mounting national debt.
Sam Youngman / The Hill:
White House says Boehner balked over taxes, not entitlements  —  Boehner “couldn't do revenues from wealthiest Americans,” a White House official said.  —  House Speaker John Boehner (R-Ohio) all but extinguished hopes for a big deficit reduction deal because he refused to support …
Discussion: CNN, FrumForum and Bloomberg
Ryan Grim / The Huffington Post:
John Boehner Rejects Obama's Grand Bargain On Debt Ceiling … Barack Obama , John Boehner , Deficit , Federal Deficit , Debt Ceiling , Boehner Budget Cuts , Boehner Debt Ceiling , Boehner Deficit , Boehner Spending Cuts , John Boehner Budget Cuts , John Boehner Debt Ceiling …
Wall Street Journal:
Boehner to Seek Smaller $2 Trillion Deal  —  WASHINGTON—House Speaker John Boehner (R., Ohio) said the White House and congressional leaders have stopped pursuing the major deficit-reduction deal tackling entitlement programs and an overhaul of the tax code that he and President Barack Obama had been seeking.
Speaker:
Statement by Speaker Boehner on Debt Limit Discussions  —  House Speaker John Boehner (R-OH) released the following statement today regarding ongoing debt limit discussions with the White House:
James Pethokoukis:
Will Boehner pull a ‘Reagan at Reykjavik’ and walk?
Reuters:
Boehner says debt talks scaled back over tax rift
Discussion: CNBC and Poor Richard's News
Jay Newton-Small / Swampland:
Has Nancy Pelosi Been Marginalized in the Debt Debate?
Stephen Clark / Fox News:
Bachmann Stands By Marriage Pledge That Links Slavery to Black Family Values  —  Republican presidential candidate Michelle Bachmann is standing firm behind a pledge she signed Thursday that promotes marriage and social conservative values, but includes a passage in the opening statement …
RELATED:
Liz / Gary Johnson 2012:
Gary Johnson Calls Family Leader Pledge “Offensive and Unrepublican”  —  July 9, 2011, Las Vegas, Nevada - Presidential candidate and former New Mexico Governor Gary Johnson charged today in a formal statement through his campaign that the Family Leader “pledge” Republican candidates for President …
Maggie Haberman / The Politico:
Conservative group backtracks on marriage pledge slavery language
Judd Legum / ThinkProgress:
FAMiLY LEADER Statement Suggests Pledge, Signed By Bachmann, Requires Her To Prosecute Essentially All Porn
Don Surber:   Latest plan to save O in 2012
Sarah Palin / Facebook:
The Sugar Daddy Has Run Out of Sugar; Now We Need New Leaders  —  Barack Obama's big government policies continue to fail.  He should put a link to the national debt clock on his BlackBerry.  The gears on that clock have nearly exploded during his administration.
New York Times:
U.S. Is Deferring Millions in Pakistani Military Aid  —  WASHINGTON — The Obama administration is suspending and, in some cases, canceling hundreds of millions of dollars of aid to the Pakistani military, in a move to chasten Pakistan for expelling American military trainers and to press its army to fight militants more effectively.
JammieWearingFool:
Great News: Friday's Anemic Jobs Number Are Likely Bogus  —  You think the abysmal jobs report Friday was bad?  Just wait until the inevitable revision of the meager figure of 18,000 jobs saved (or created, as Team Obama is fond of saying). … Amazingly, Obama's toadies just keep compounding the problem.
Discussion: Vox Popoli
RELATED:
New York Post:
Clueless about jobs  —  America's economy grew by a minus cule …
Discussion: Scared Monkeys
Jeffrey Gettleman / New York Times:
After Years of Struggle, South Sudan Becomes a New Nation  —  JUBA, South Sudan — The celebrations erupted at midnight.  Thousands of revelers poured into Juba's steamy streets in the predawn hours on Saturday, hoisting enormous flags, singing, dancing and leaping on the back of cars.
RELATED:
BBC:
South Sudan becomes an independent nation
Discussion: Donklephant and FrumForum
Associated Press:   US recognizes new nation of South Sudan
Washington Post:
Senate Democrats draft debt-reduction plan  —  Senate Democrats have drafted a sweeping debt-reduction plan that would slice $4 trillion from projected borrowing over the next decade without touching the expensive health and retirement programs targeted by President Obama.
RELATED:
Erik Wasson / The Hill:
Conrad budget cuts $800B from Defense
Discussion: Say Anything and Balloon Juice
 
 
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 More Items: 
Megan McArdle / The Atlantic Online:
Hoover Was No Budget Cutter
Robert Stacy McCain / The Other McCain:
Ann Althouse: Rube
Ian Millhiser / ThinkProgress:
Sixteen Senators Ask DOJ To Investigate Potentially Illegal State Voter Disenfranchisement Laws
Discussion: Balloon Juice
 Earlier Items: 
Robert J. Herbold / Wall Street Journal:
China vs. America: Which Is the Developing Country?
Discussion: Cold Fury and Say Anything
James Taranto / Wall Street Journal:
The Trouble With Approval Ratings
Discussion: Betsy's Page
Ashley Lopez / The American Independent:
Rep. Stearns considering Planned Parenthood investigation
Joe Nocera / New York Times:
Sheila Bair's Bank Shot
 

 
From Mediagazer:

Bloomberg:
The DOJ's proposal would require Google to divest from AI partnerships, like with Anthropic, and ban Google from offering exclusive deals to content providers

Megan Graham / Wall Street Journal:
Ad software company Mediaocean buys Innovid, an ad tech company focused on CTV, for $500M; Innovid had a market cap of ~$240M at market close on November 20

Guthrie Scrimgeour / Wired:
Hawaii's The Garden Island stops using AI-generated newscasters on YouTube, Facebook, and Instagram after two months, likely due to the negative public response

 
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