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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 …
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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 …
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Firedoglake, Washington Post, TPMDC, TalkLeft, ThinkProgress, Daily Kos and National Review


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 …
Discussion:
Reuters, CNN, Hot Air, The Western Experience, The Lonely Conservative, Mediaite, Questions and Observations, Indecision Forever, Politics, Wonkette, Outside the Beltway, Michelle Malkin, NewsBusters.org, James Pethokoukis, The Other McCain, Shakesville, White House Dossier, Gawker, Economist's View, Swampland, Raw Replay, Doug Ross, The Raw Story, National Review, Weigel, No More Mister Nice Blog, New York Magazine, Nice Deb, Confederate Yankee, Weasel Zippers, Pajamas Media, And So it Goes in Shreveport, Firedoglake, THE ASTUTE BLOGGERS, Bloomberg, Daily Pundit, Riehl World View, Pirate's Cove and JammieWearingFool


Nancy Pelosi, John Boehner reject Camp David — Tensions are running so high over debt talks that Capitol Hill leaders are turning down a trip to Camp David before it's even clear the White House has invited them. — “The only thing I hope [President Obama] doesn't ask us to do is to go to Camp David …
Discussion:
The Page, Taegan Goddard's … and Daily Kos


Forget the Scrum: Real Details on Debt Limit Deal Emerge — The headlines will blare today about the rough appropriation of an Australian soap opera that occurred in the White House last night, with Eric Cantor's ego deeply bruised and glasses fogged, after the President reportedly said “I have reached the point where I say enough.
Discussion:
Washington Post, The Hill and TPMDC

Conspiracy of Two — For one of the world's most watched buildings, the White House is remarkably easy to sneak into. On the afternoon of Sunday, July 3, while reporters scribbled down the details of President Obama's early return from a family vacation at Camp David — short sleeves …
Discussion:
Crooks and Liars and Hullabaloo


Obama Owns the Debt-Ceiling Fiasco — It doesn't help that he's declared high-speed rail and even unspent stimulus funds as untouchable. — President Barack Obama and Congress face a mess if the federal government hits the debt ceiling Aug. 2. The Bipartisan Policy Center …
Discussion:
The Hill, The Moderate Voice, Roll Call, Washington Post, The Hankster, Booman Tribune and The Atlantic Online

The White House's case for a big deficit deal
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Crooks and Liars, Hullabaloo, The Huffington Post and AMERICAblog News

Obama warns Cantor: 'Don't call my bluff' in debt-ceiling talks
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The Politico, JustOneMinute, Wall Street Journal, New York Post, The Huffington Post, Bloomberg, Booman Tribune, ourfuture.org/blogs_chrono/*, The Reaction, Daily Kos, Althouse, The Heritage Foundation, Pirate's Cove, Liberty Street, americanthinker.com, The Mahablog, Patterico's Pontifications, Outside the Beltway, Don Surber, Hullabaloo, Washington Wire, GOP 12, The Right Scoop, The New Editor, Balloon Juice, Pundit & Pundette, Le·gal In·sur·rec· tion and Washington Post

Pelosi: Markets might have to plummet before GOP acts on debt limit
Discussion:
ThinkProgress

Harry Reid Says ‘Childish’ Eric Cantor Shouldn't Be At The Negotiating Table
Discussion:
ThinkProgress, Political Punch, Raw Replay and iOwnTheWorld.com

Obama: ‘This May Bring My Presidency Down, but I Will Not Yield’ on No Short-Term Extensions


Top Democrats laud GOP debt-limit move; Fed chief warns of ‘calamity’ if U.S. defaults
Discussion:
Swampland, The Atlantic Online, Washington Times, Washington Monthly, Washington Wire, Daily Kos, Prairie Weather, Global Public Square, Hugh Hewitt's TownHall Blog, The Moderate Voice, The Politico, Los Angeles Times, The Note, msnbc.com, The Hill, White House Dossier and New York Times

Boehner says ‘no need’ for a Camp David summit
Discussion:
Weasel Zippers

“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:
Washington Wire, The Hill, Taegan Goddard's …, Weasel Zippers, Nice Deb, CNN and Outside the Beltway
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Debt Ceiling Stalemate Not About Numbers — There is an old joke, attributed to both Winston Churchill and George Bernard Shaw. It goes something like this: — Churchill: Madam, would you sleep with me for 5 million pounds? — Woman: My goodness, Mr. Churchill ... Well, I suppose …
Discussion:
Taylor Marsh
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McCaskill: GOP looks like ‘hot, sloppy mess’
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The Note, The Politico, CNN, Washington Examiner, Weasel Zippers and Reuters

House light bulb debate returns as amendment
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The Politico, No More Mister Nice Blog and Daily Kos

Ron Paul ads hitting airwaves in Iowa, N.H. — Ron Paul is hitting the airwaves for the first time in Iowa and New Hampshire with a spot that warns ominously against raising the federal debt limit, POLITICO has learned. — The 60-second spot, made with all the flare of a Hollywood movie preview …
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The comedian-in-chief — Here's a joke for you: President …
Discussion:
National Review and Maggie's Farm

U.S. credit rating not worth saving, Ron Paul says
Discussion:
LewRockwell.com Blog

Judge Declares Mistrial In Roger Clemens Perjury Case — NEW YORK (CBSNewYork / AP) — The judge presiding over Roger Clemens' perjury trial has declared a mistrial over over inadmissible evidence shown to jurors that could have prejudiced them against the former Yankees star.
Discussion:
The Moderate Voice
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The Bain of Mitt Romney's campaign — A company that laid off hundreds of employees. A federal “bailout” to rescue a failing bank. Mitt Romney, at the center of it all. — It's a story line from a tough Democratic ad that was teed up for use against Romney in his 1994 Senate campaign in Massachusetts.
Discussion:
CNN, Alan Colmes' Liberaland, RedState, Ben Smith's Blog and Daily Kos
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Mitt Romney Breaks Silence on Debt Ceiling
Discussion:
The Hill, GOP 12 and Political Punch


Book Challenges Obama on Mother's Deathbed Fight — The White House on Wednesday declined to challenge an account in a new book that suggests that President Obama, in his campaign to overhaul American health care, mischaracterized a central anecdote about his mother's deathbed dispute with her insurance company.
Discussion:
Verum Serum, New York Magazine, NO QUARTER, Political Punch, The Politico and Riehl World View
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Obama, Moderate Republican — OK, not exactly. But Nate Silver's analysis of the budget proposals is a must-read. Nate looks at polling, and extracts the following implied preferences for the mix between tax increases and spending cuts in a debt deal: — What Obama has offered …


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:
AMERICAN FUTURE

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:
The Atlantic Online, YID With LID, The Daily Caller, The Gateway Pundit, Pajamas Media and Big Journalism


Obama hits Chicago for 50th birthday fund-raisers at the Aragon — Logo for the Obama Aug. 3 birthday fund-raiser. — follow Lynn Sweet on Twitter: @lynnsweet — Rahm Emanuel headlined Obama fund-raiser Wednesday in Chicago. — WASHINGTON—President Obama returns to Chicago on Aug. 3 …

55% Oppose Tax Hike In Debt Ceiling Deal — As the Beltway politicians try to figure out how they will raise the debt ceiling and for how long, most voters oppose including tax hikes in the deal. — Just 34% think a tax hike should be included in any legislation to raise the debt ceiling.
Discussion:
The Politico, Weasel Zippers, Hot Air, The Gateway Pundit, Outside the Beltway, Heritage Action for America and Speaker

Michele Bachmann's Weak Command Of Yiddish — The GOP continues its oft-troubled Jewish outreach efforts by having Michele Bachmann try and fail to pronounce “chutzpah.” — Meanwhile, her church says the Pope is the Antichrist, so she's sure to break out of the Evangelical bubble any day now.


A Gun Activist Takes Aim at U.S. Regulatory Power — MISSOULA, Mont.—With a homemade .22-caliber rifle he calls the Montana Buckaroo, Gary Marbut dreams of taking down the federal regulatory state. — He's not planning to fire his gun. Instead, he wants to sell it …
Discussion:
ThinkProgress, Law Blog and The BLT


Bernanke: deep spending cuts could derail recovery — Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee hearing on “Monetary Policy and the State of the Economy” on Capitol Hill in Washington July 13, 2011. REUTERS/Kevin Lamarque
Discussion:
New York Times, Washington Monthly, ThinkProgress, Balloon Juice, Grasping Reality … and TheMoneyIllusion

AP source: FBI probing News Corp. 9/11 phone link — The FBI has opened an investigation into allegations that media mogul Rupert Murdoch's News Corp. sought to hack into the phones of Sept. 11 victims, a law enforcement official said Thursday. — The decision to investigate was made after U.S …
Discussion:
The Raw Story


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:
Power Line, Hot Air, Moe Lane and Pajamas Media