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For Boehner, Lofty Budget Goals Checked by Reality — WASHINGTON — At a private meeting about deficit reduction at the White House last week, Speaker John A. Boehner told his fellow Congressional leaders and President Obama that he did not spend 20 years working his way up to the top job …
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Taxes Upon Taxes Upon . . . Obama wants $1 trillion in taxes on top of what he's already signed. — So the fondest Washington hopes for a grand debt-limit deal have broken down over taxes. House Speaker John Boehner said late Saturday that he couldn't move ahead with a $4 trillion deal …
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Nice Deb, iOwnTheWorld.com, Hot Air, Betsy's Page, Cold Fury, Wizbang and The Lonely Conservative


John Boehner's ‘grand bargain’ — with House GOP — Speaker John Boehner's decision not to “go big” on a debt limit deal is the starkest demonstration yet of the limits of the Ohio Republican's power. — The internal GOP backlash against his efforts to secure a package of $4 trillion …

The Method to Their Madness — The Republican Party's strategy in the debt-ceiling negotiations has baffled centrists and vindicated liberals. For months, the party's leaders have repeatedly turned down deals that would cut spending significantly because their members won't compromise on taxes.
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The Atlantic Online and Prairie Weather


Obama, GOP back to where they started: The debt ceiling
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The Agonist

“Eat Our Peas” - Obama Pushes for Big Grand Bargain at Press Conference
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Hullabaloo

Obama Challenges Republicans for Debt-Plan Details
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The Maddow Blog, Althouse and Coffee & Markets

No big budget deal? Blame Obama, not Boehner
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Hit & Run, Say Anything and Daily Pundit

Obama Changes Tone, Pressures Both Parties on Budget Deal
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JustOneMinute, TalkLeft, THE ASTUTE BLOGGERS and New York Times

Palin warns Boehner on debt ceiling deal
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Washington Post, Fox Nation, Weasel Zippers, Outside the Beltway, Sky Dancing and Mediaite

SPIN METER: Obama, Dems skirt issue on tax hikes
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Weasel Zippers and Say Anything

All Dems want is more taxing and spending
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National Review, The Camp Of The Saints, Poor Richard's News and Cold Fury

President, speaker motivated by ‘big deal’
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The Daily Caller and Outside the Beltway

News International papers targeted Gordon Brown — Newspapers obtained details from the former prime minister's bank account and legal file and his family's medical records — Journalists from across News International repeatedly targeted the former prime minister Gordon Brown …
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Phone hacking: 9/11 victims ‘may have had mobiles tapped by News of the World reporters’ — DESPERATE Rupert Murdoch yesterday flew to London to try to save his crumbling empire. — He arrived in a cowboy-style hat to be hit by claims News of the World reporters hacked the phones of 9/11 victims.

Report: Murdoch paper got PM's medical records
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News: News blog, Guardian and FrumForum, more at Mediagazer »

Updated: News Corporation Bid For Sky Hits Complications
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Associated Press, Washington Monthly and Daily Kos

‘Rebekah Brooks is my No1 priority,’ says defiant Murdoch
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Guardian


TIR Poll: Bachmann Overtakes Romney in Iowa — Minnesota Congresswoman Michele Bachmann has surpassed former Massachusetts Governor Mitt Romney in a recent Iowa poll that was conducted by TheIowaRepublican.com. With Bachmann now leading in Iowa, Romney has fallen to second place …
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CNN, The Politico, Talking Points Memo, Washington Times, The Hill, Lawyers, Guns & Money, USA Today, ThinkProgress, The New Republic, The American Independent, Jezebel, TPMDC, The Blotter, GOP 12, Iowa Caucuses, Outside the Beltway, Hot Air, Washington Wire, Say Anything, msnbc.com, Proof Positive and FrumForum
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Michele Bachmann: While you weren't looking, she's taken over the GOP lead in Iowa
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Washington Wire, Minnesota Independent, Pirate's Cove, The Hill and TPMDC

Tim Pawlenty keeps up Michele Bachmann bashing
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Minneapolis Star Tribune, Swampland, Hot Air and The Page


Economy Faces a Jolt as Benefit Checks Run Out — An extraordinary amount of personal income is coming directly from the government. — Close to $2 of every $10 that went into Americans' wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody's Analytics.
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Firedoglake, Washington Monthly, TalkLeft, Economix, FrumForum, No More Mister Nice Blog, Balloon Juice, naked capitalism and The Consumerist


Obama vs. Obama — Not long ago, Obama warned that raising taxes in a struggling economy is “the last thing you want to do.” — In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling.
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The Gateway Pundit, Michelle Malkin, Taylor Marsh, Hot Air, theblogprof, Weasel Zippers, The Lonely Conservative, Verum Serum, Say Anything and Cold Fury

No, We Can't? Or Won't? — If you were shocked by Friday's job report, if you thought we were doing well and were taken aback by the bad news, you haven't been paying attention. The fact is, the United States economy has been stuck in a rut for a year and a half.
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DailyHowler.com, The Impolitic and Shakesville


Palin Plots Her Next Move — Sarah Palin hasn't jumped into the race for the White House (yet), but she believes the prize is there for the taking. In a conversation with Peter J. Boyer, Palin warns Boehner not to raise the debt ceiling, proclaims that Obama is beatable—and says the 2012 field is far from settled.
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Washington Post, Washington Wire, CNN, Wonkette, USA Today, Hot Air, GOP 12, Outside the Beltway, Online NewsHour, ThinkProgress, msnbc.com, Mediaite, The Daily Caller, Taylor Marsh, The Reaction, The Caucus, MyFox Philadelphia, Say Anything, New York Magazine, Gawker, The Page, American Power, Alan Colmes' Liberaland, Politics, Althouse, Wizbang, Conservatives4Palin, The Raw Story, The Gateway Pundit, FrumForum and The Politico


BELTWAY CONFIDENTIAL — Paul Ryan accuser won't talk — Susan Feinberg, an associate professor of management and global business at Rutgers University, caused a stir in the left-wing blogosphere over the weekend with her account of witnessing House Budget Committee chairman Paul Ryan drinking …
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Outside the Beltway, Politics, tpmmuckraker …, The Daily Caller, The Awl, RedState, FrumForum, Sky Dancing, Talking Points Memo and National Review

Monetary Rage — We had dinner last night with Margaret Ray and Dave Anderson, the authors of the AP adaptation of our textbook (which is terrific, by the way). Over our $22 bottle of wine, we talked about various issues involved in trying to explain economics — and everyone agreed …
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ThinkProgress


Panetta appears to link al-Qaeda presence with Iraq invasion — Pool/Reuters - U.S. Defense Secretary Leon Panetta delivers remarks to U.S. troops as he visits Camp Victory in Baghdad July 11, 2011. Panetta arrived in Iraq on Sunday on his first trip there as U.S. defence secretary.
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The Huffington Post, The Daily Caller and FrumForum


‘South California’ for 51st state? — Fed up with Sacramento, a Riverside County politician seeks to break 13 counties away to form a state called South California — Supervisor Jeff Stone, a Republican pharmacist from Temecula, called California an “ungovernable” financial catastrophe …
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The Snitch, The Moderate Voice and Gawker