memeorandum: Which Is Worse? Default or Voting to Raise the Debt Ceiling Again in 2012?: Today's Qs for O's WH

10:40 PM ET, July 14, 2011

Top Items:

Josiah Ryan / The Hill:

Reid: Cantor acted ‘childish’ and shouldn't be at the negotiation table — Senate Majority Leader Harry Reid (D-Nev.) said Thursday that House Majority Leader Eric Cantor (R-Va.) acted “childish” in the debt talks. — He is the the latest Democratic leader to accuse Cantor of impeding progress …

Discussion: The Politico, CNN, The Note, The Caucus, Connecting.the.Dots, The TrogloPundit, The Sundries Shack, THE ASTUTE BLOGGERS, The Gateway Pundit and Riehl World View

Jennifer Bendery / The Huffington Post:

GOP Senator: Maybe We Shouldn't Have Tied Debt Vote To Deficit Deal (VIDEO) … WASHINGTON — Some Republicans are starting to have buyer's remorse over their party's insistence that a vote to raise the debt limit be tied to a long-term deficit reduction package.

Discussion: Balloon Juice

Sam Stein / The Huffington Post:

Harry Reid And Mitch McConnell: ‘Hybrid’ Solution To Debt Standoff … Barack Obama , Harry Reid , Mitch McConnell , Cantor Debt Ceiling , Debt Ceiling , Cantor Obama , Debt Ceiling Approach , Debt Ceiling Mcconnell , Debt Ceiling Negotiations , Hybrid Debt Ceiling , Mcconnell Debt Ceiling Plan …

Discussion: The Politico, Firedoglake, TPMDC, Washington Post, Hot Air, Daily Kos, ThinkProgress, msnbc.com, TalkLeft, National Review, Prairie Weather and White House Dossier

The Politico:

Washington loses its cool — Tensions are running so high over debt talks that Capitol Hill leaders turned down a trip to Camp David before the White House even invited them. — The mood among debt-limit negotiators appeared as sour Thursday as it was the night before …

Discussion: NewsBusters.org, The Huffington Post, The Heritage Foundation, New York Magazine, GOP 12, Daily Kos, The Page, The Reaction and The Democratic Daily

Ezra Klein / Washington Post:

The White House's case for a big deficit deal — (Andrew Harrer - BLOOMBERG) A lot of Democrats took one look at the McConnell plan, which would raise the debt ceiling without substantive fiscal concessions, and saw their way out of this mess. But not the White House.

Discussion: The New Republic, Crooks and Liars, Hullabaloo, Firedoglake, AMERICAblog News, The Huffington Post, Daily Kos and The Politico

Ezra Klein / Washington Post:
Wonkbook: Why Obama walked out

Discussion: Wall Street Journal, ThinkProgress, The Moderate Voice, Hugh Hewitt's TownHall Blog, Global Public Square, Washington Monthly and The Mahablog

Greg Sargent / Washington Post:
Dems' new strategy: Isolate Eric Cantor as face of GOP intransigence

Discussion: THE ASTUTE BLOGGERS, Mother Jones, TPMDC, The Caucus, The Gateway Pundit, RedState, Washington Monthly and Crooks and Liars

Jennifer Epstein / The Politico:
John McCain turns ‘pea’ shooter on Obama

Discussion: JustOneMinute, TPMDC, The Western Experience and FrumForum

Bloomberg:
Obama May Call Lawmakers to Camp David

Discussion: Wall Street Journal and FrumForum

Reuters:
Bernanke: deep spending cuts could derail recovery

Discussion: TheMoneyIllusion, Washington Monthly, ThinkProgress and Grasping Reality …

Jeffrey M. Jones / Gallup:

“Republican Candidate” Extends Lead vs. Obama to 47% to 39% — Margin marks first statistically significant lead among registered voters — PRINCETON, NJ — Registered voters by a significant margin now say they are more likely to vote for the “Republican Party's candidate for president” …

Discussion: The Western Experience, Hot Air, blogs.telegraph.co.uk, Pajamas Media, Taylor Marsh, Nice Deb, CNN, Weasel Zippers, Poll Watch Daily, The TrogloPundit, The Lonely Conservative, Indecision Forever, Outside the Beltway and Shakesville

Paul Krugman:
Obama, Moderate Republican

Discussion: RADAMISTO, Grasping Reality …, iOwnTheWorld.com, The Confluence, Modeled Behavior, Daily Kos, Lawyers, Guns & Money and Gallup

Katie Glueck / Washington Wire:
Gallup Poll: ‘Generic Republican’ Leads Obama by 8 Points

Discussion: The Hill and MyFox Twin Cities

Alicia M. Cohn / The Hill:
Quinnipiac poll finds more voters would blame GOP on debt

Discussion: Wall Street Journal, Roll Call, Washington Monthly, The Hankster, No More Mister Nice Blog, The Moderate Voice and Investor's Business Daily

Amy Gardner / Washington Post:

Palin political committee spent tens of thousands on bus trip — Sarah Palin's political action committee spent tens of thousands of dollars covering the costs of the former Alaska governor's “One Nation” East Coast bus tour this spring — a trip that Palin (R) has repeatedly characterized as a “family vacation.”

Discussion: Balloon Juice

Michael O'Brien / The Hill:
Palin PAC raises $1.6M in first half of year

Discussion: Hot Air, Washington Post and American Power

The Note:
Sarah Palin Paid Almost $14,000 to Decorate Her Tour Bus and More From SarahPAC's FEC Report

Discussion: TPMDC

Gschwarzcnn / CNN:
Palin raises over $1.6 million

Discussion: The Politico, Conservatives4Palin and The Note

Bruce Orwall / Wall Street Journal:

In Interview, Murdoch Defends News Corp. — In his first significant public comments on the tabloid newspaper scandal that has engulfed his media empire, News Corp. Chairman and Chief Executive Rupert Murdoch vigorously defended the company's handling of the crisis but said it would establish …

Discussion: Guardian, Associated Press, Los Angeles Times, Company Town, The Daily Dish, Salon, Gawker, New York Magazine, The Lede, FT Alphaville, Runnin' Scared and Crooked Timber, more at Mediagazer »

Jerry Markon / Washington Post:
FBI opens inquiry after report that News Corp. tried to hack phones of 9/11 victims

Discussion: The Moderate Voice, CNN and AMERICAblog News

Judicial Watch:

Documents Show Obama White House Attacked, Excluded Fox News Channel — White House Emails Detail anti Fox Bias inside Obama White House: “I'm putting some dead fish in the fox cubby — just cause” “[FNC Anchor] Bret Baier...is a lunatic” — Judicial Watch, the public interest group …

Discussion: Political Punch, The Daily Caller, Mediaite, No More Mister Nice Blog, New York Magazine, Sister Toldjah, The Atlantic Online, YID With LID, Weasel Zippers, Verum Serum, Hot Air, Big Journalism, The Gateway Pundit, Doug Ross, Pajamas Media, The Lonely Conservative and Gawker

Jake Tapper / Political Punch:

Which Is Worse? Default or Voting to Raise the Debt Ceiling Again in 2012?: Today's Qs for O's WH - 7/14/2011 — CARNEY: That is a bad scenario. I'm not sure — I mean — TAPPER: Is it worse — CARNEY: You know, there are things you could anticipate. But I — yes.

Discussion: Swampland, The Gateway Pundit, Hot Air, Verum Serum, Moe Lane, National Review and Cold Fury

Megan McArdle / The Atlantic Online: Go Ahead, GOP, Make Obama's Day

Benjy Sarlin / TPMDC:

GOP Demand Obama Protect Seniors From Default, Won't Name What To Cut Instead — Republican lawmakers are pushing President Obama to put seniors, troops, and bondholders at the front of the line should Congress fail to raise the debt ceiling. The rest? Well, that's up to him.

Discussion: Mother Jones, Washington Monthly and Hullabaloo

Jennifer Epstein / The Politico:
U.S. credit rating not worth saving, Ron Paul says

Discussion: New York Times, CNN and LewRockwell.com Blog

Bettina Wassener / New York Times:
China Urges U.S. to Protect Creditors by Raising Debt

Discussion: Balloon Juice and Indecision Forever

MyFox Twin Cities:

End to Minnesota Shutdown in GOP Hands — Special session could be called within three days — ST. PAUL, Minn. (FOX 9) - Minnesota Gov. Mark Dayton sent a letter Thursday to House Speaker Kurt Zellers and Senate Majority Leader Amy Koch, saying he “reluctantly” agrees to accept …

Discussion: Hot Air, Wall Street Journal, Don Surber, Moe Lane, Power Line, Cold Fury, Pajamas Media, Daily Pundit and The Lonely Conservative

John Hinderaker / Power Line:
Dayton Caves? — Here in Minnesota, Governor Mark Dayton …

Discussion: Alan Colmes' Liberaland

Minneapolis Star Tribune:
Dayton agrees to June 30 GOP offer, with conditions

Discussion: Washington Post, Associated Press, TPMDC, Outside the Beltway, National Review and Daily Kos

Siobhan Gorman / Wall Street Journal:

Bin Laden Plotted to Attack U.S. on 9/11 Anniversary — Osama bin Laden was working to assemble a team of militants to attack the U.S. on the 10th anniversary of the Sept. 11 hijackings, according to communications that Navy SEALs seized from his Pakistani hideout when they killed the al Qaeda leader this spring.

Discussion: The Politico, Weasel Zippers, Gothamist, MyFox Twin Cities, Runnin' Scared, Israel Matzav, Politics and New York Magazine

Robert Costa / National Review:

McCain on the Debt Limit — As rain splatters the windows of Sen. John McCain's second-floor office on Capitol Hill, the 74-year-old Arizona Republican leans back, clasps his hands, and recalls the Nineties. Brinksmanship, he says, cost the party then, and it could cripple Republicans this summer …

Discussion: Top of the Ticket, New York Magazine, TPMDC, The Hill and Mediaite

Nicholas Ballasy / CNSNews:
Pelosi: Obama Has More Patience Than Biblical Job

Discussion: The Hill, Breaking news and opinion …, Hot Air and Weasel Zippers

Jonathan Dienst / NBC New York:

The Accused Killer in His Own Words — Read a partial transcript of the confession that police say Levi Aron gave during questioning … My name is Levi Aron... On Monday evening around 5:30 I went to my dentist, Dr. Sorcher, to make a payment for visit for exam routine.

Discussion: msnbc.com, City Room, ABCNEWS, Runnin' Scared, Gothamist, The Daily Dish and NY Daily News

Megan McArdle / The Atlantic Online:

Debt Ceiling: What's the End Game For Republicans? — Jonathan Podhoretz reads a Quinnipiac poll showing that by a margin of 48-34, the public is going to blame Republicans and not Obama if we don't raise the debt ceiling, and joins the ranks of the Washington sellouts:

Discussion: Commentary Magazine, Daniel W. Drezner and Instapundit

A.Killough / CNN:

Elizabeth Warren vs. House GOP, round 3 — WASHINGTON (CNNMoney) — Elizabeth Warren is expected to face another round of tough questioning about the consumer financial protection bureau at a House hearing on Thursday, her third trip to Capitol Hill this year.

Discussion: The Note and The Politico

Elizabeth Warren / oversight.house.gov:
Hearing Documents — Hearing Video — Chairman Darrell Issa Hearing Preview Statement

Discussion: ThinkProgress, Swampland, Firedoglake and The Heritage Foundation

Bloomberg:

Reinhart and Rogoff: The Economy Can't Grow — As public debt in advanced countries reaches levels not seen since the end of World War II, there is considerable debate about the urgency of taming deficits with the aim of stabilizing and ultimately reducing debt as a percentage of gross domestic product.

Discussion: Mother Jones, National Review and AMERICAN FUTURE

The Note:

Mitt Romney Breaks Silence on Debt Ceiling — ABC News' Emily Friedman(@EmilyABC) reports: — It didn't take long for Mitt Romney to field a question on the debt ceiling negotiations today during an event at the Portsmouth Rotary Club in New Hampshire. — After Romney's opening remarks …