President Obama abruptly walks out of talks  —  President Barack Obama abruptly walked out of a stormy debt-limit meeting with congressional leaders Wednesday, a dramatic setback to the already shaky negotiations, according to GOP sources.  —  “He shoved back and said 'I'll see you tomorrow' and walked out …

Shutdown forces MillerCoors to pull beer from shelves  —  Miller Time in Minnesota is over — until lawmakers reach a budget deal.  —  The state's government shutdown, now in its 13th day, will soon force MillerCoors to pull its beer from Minnesota liquor stores, bars and restaurants.

Alan Simpson: ‘No Hope’ of Debt Ceiling Agreement  —  Former Sen. Alan Simpson (R., Wyo.), who co-chaired the White House's deficit reduction panel last year, said he has lost hope the White House and Congress will be able to reach a deal to raise the debt ceiling by Aug. 2.

Mitch McConnell: We Must Rewrite The Constitution Because ‘Elections’ Haven't ‘Worked’  —  Speaking on the Senate floor this morning, Senate Minority Leader Mitch McConnell (R-KY) offered what may be the most concise summary of conservative constitutionalism ever spoken …

Debt ceiling: Moody's puts U.S. on notice  —  By: CNNMoney.com Senior Writer Jeanne Sahadi  —  NEW YORK (CNNMoney) - The public pressure on lawmakers to raise the debt ceiling was ratcheted up Wednesday when a major rating agency said it would put the sterling bond rating of the United States on review for possible downgrade.

Morning Bell: Obama Aims for the Money You Don't “Need”  —  Over the past several weeks, America has seen on grand display in Washington a singular mindset emanating from the White House: We must raise taxes so that we can keep on spending.  This week, though, America was treated to something different …

US more unpopular in the Arab world than under Bush  —  I've written numerous times over the last year about rapidly worsening perceptions of the U.S. in the Muslim world, including a Pew poll from April finding that Egyptians view the U.S. more unfavorably now than they did during the Bush presidency.

Michele Bachmann's Church Says the Pope Is the Antichrist  —  The Iowa front-runner for the GOP nomination was a longstanding member of a strict Lutheran synod with controversial views of Catholicism  —  Michele Bachmann is practically synonymous with political controversy …

Maid's ‘Fiancé’ Speaks  —  A call with an Arizona inmate tarnished the case of Strauss-Kahn's accuser.  The man, who says he's the maid's fiancé, gives his side of the story to The Daily Beast.  —  One of the most important and controversial characters in the complicated …

Austrian driver's religious headgear strains credulity  —  Having received his driving licence, Niko Alm now wants to get pastafarianism officially recognised  —  An Austrian atheist has won the right to be shown on his driving-licence photo wearing a pasta strainer as “religious headgear”.

The Kenneth Gladney Charade Collapses  —  It took a St. Louis County jury less than 50 minutes to return a not guilty verdict in the assault trial featuring Kenneth Gladney and two union members who were charged with attacking him outside a two hall event during the tumultuous summer of 2009.

GOPer wants FBI probe of Rupert Murdoch  —  New York Republican Pete King is calling on the FBI to investigate whether Rupert Murdoch's News Corporation hacked into the voicemail accounts of Sept. 11 victims, calling the allegations of the scandal “disgraceful.”

On Deficit, Americans Prefer Spending Cuts; Open to Tax Hikes  —  Twenty percent favor deficit reduction by cutting spending only  —  PRINCETON, NJ — Americans' preferences for deficit reduction clearly favor spending cuts to tax increases, but most Americans favor a mix of the two approaches.

Manning-Lamo Chat Logs Revealed  —  A little more than a year ago, Wired.com published excerpts from instant messenger chats between accused WikiLeaks source Bradley Manning and Adrian Lamo, the ex-hacker in whom he confided and who reported him to the authorities.

The Debt Debate's Real Doomsday Scenario  —  On Tuesday, in the late morning, I asked a banker to explain what will happen if the debt ceiling is not raised on August 2.  He was not just any banker; he was and is the authority on the U.S. bond market at one of the biggest banks in the world.

S.F. weighs protecting ex-cons seeking homes, jobs  —  Ex-convicts may soon become a “protected class” in San Francisco - joining African Americans, Latinos, gays, transgender people, pregnant women and the disabled.  —  A proposal being circulated at City Hall would make it illegal …

Palin nemesis goes nude  —  GOP presidential hopeful Sarah Palin and her family are the subjects of a profile by George Gurley in the September issue of Playboy, according to sources.  Insiders say the story will run next to a four-page nude pictorial of Mercede Johnston, the sister of Bristol Palin's estranged baby daddy, Levi.

Police charge mother in Nashville airport altercation  —  Woman refused to let officers screen daughter  —  A 41-year-old Clarksville woman was arrested after Nashville airport authorities say she was belligerent and verbally abusive to security officers, refusing for her daughter to be patted down at a security checkpoint.