Top Items:
New York Times:
Obama and Boehner Close to Major Deal, Officials Say — WASHINGTON —The Obama administration has informed Democratic Congressional leaders that President Obama and Speaker John A. Boehner were starting to close in on a major budget deal that would enact substantial spending cuts …
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Brian Beutler / TPMDC:
Obama Presses Skeptical Dem Leaders On Big Deal With Boehner — A Congressional aide briefed on ongoing negotiations between House Speaker John Boehner and President Obama says the two principals may be nearing a “grand bargain” to raise the debt limit which would contain large …
Russell Berman / The Hill:
Boehner: GOP prepared to compromise — Speaker John Boehner (R-Ohio) said Thursday he has prepared his members to compromise on the debt ceiling and that a majority of House Republicans could support a potential deal with Democrats. — In a news conference at the Capitol …
Discussion:
CNN, Reuters, Sky Dancing and RedState
Dan Friedman / NationalJournal.com:
House Republicans, White House Discussing $3 Trillion Budget Deal — The White House and House Republican leaders are discussing a large deal to raise the debt ceiling that would include about $3 trillion in deficit cuts over 10 years, according to several congressional aides.
Discussion:
The Atlantic Online and The Gateway Pundit
The Politico:
Boehner, Obama talk big deal — President Barack Obama and House Speaker John Boehner are making a last-ditch effort to strike a grand bargain on slashing the deficit and raising the debt ceiling, days after that idea appeared to be dead, lawmakers said Thursday.
Discussion:
CFR.org, Reuters, The Daily Caller, Daily Kos, Jared Bernstein and msnbc.com
Sam Stein / The Huffington Post:
McConnell-Reid Debt Deal Close To Being Scrapped, Larger Package Reportedly In Reach
McConnell-Reid Debt Deal Close To Being Scrapped, Larger Package Reportedly In Reach
Discussion:
Politics, AMERICAblog News and Associated Press
Ezra Klein / Washington Post:
Wonkbook: Do we need to wait for the last minute?
Wonkbook: Do we need to wait for the last minute?
Discussion:
Firedoglake, The Politico, Washington Monthly and Free exchange
Aaron Blake / Washington Post:
Huntsman campaign manager Susie Wiles resigns — Former Utah governor Jon Huntsman's (R) presidential campaign manager, Susie Wiles, is resigning and will be replaced by communications director Matt David, according to the campaign. — Huntsman is announcing the changes to his staff at a meeting this afternoon.
Discussion:
GOP 12, Florida Independent, Erick's blog, TPMDC, Politics, New York Magazine and Saint Petersblog
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Marc Caputo / Naked Politics:
Susie Wiles leaves as Jon Huntsman's campaign manager. “It was just time”
Susie Wiles leaves as Jon Huntsman's campaign manager. “It was just time”
Discussion:
Swampland, USA Today and The Daily Caller
Gschwarzcnn / CNN:
TRENDING: Huntsman campaign manager resigns
TRENDING: Huntsman campaign manager resigns
Discussion:
The Politico, The Note and Hotline On Call
Washington Post:
Out from under the anti-tax pledge — WITH A HANDFUL of exceptions, every Republican member of Congress has signed a pledge against increasing taxes. Would allowing the Bush tax cuts to expire as scheduled in 2012 violate this vow? We posed this question to Grover Norquist …
Discussion:
msnbc.com, Washington Monthly, Daily Kos, Indecision Forever, The Washington Independent, ThinkProgress, No More Mister Nice Blog, The Caucus, Online NewsHour, Swampland, The Daily Caller, The Note, Firedoglake, TPMDC, The Politico, Gawker, Politics, Jared Bernstein, Hullabaloo and The New Republic
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Zack Ford / ThinkProgress:
Gay ‘Barbarians’ Demand Ex-Gay ‘Discipline’ From Bachmann Clinic — Today a group of gay “barbarians” descended upon Marcus Bachmann's Christian counseling center to protest the harmful ex-gay therapy offered there. During a radio interview in 2010, Bachmann compared gay people to “barbarians” who need to be “disciplined.”
Discussion:
AMERICAblog Gay, Alan Colmes' Liberaland, The Washington Independent and Taylor Marsh
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Megan McArdle / The Atlantic Online:
Euro in Crisis: Will the Latest Deal Restore Confidence? — Forget the bickering over the debt ceiling in the US; that's a side show to the main event right now, which is the attempt of the eurozone to fix its markets before the whole currency zone melts down.
Discussion:
Financial Times, Free exchange and blogs.telegraph.co.uk
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Robert J. Shiller / Project Syndicate:
Debt and Delusion — print recommend Send link clip secure rights
Debt and Delusion — print recommend Send link clip secure rights
Discussion:
Economist's View
Brian Stelter / New York Times:
Sharpton Appears to Win Anchor Spot on MSNBC — After giving a nearly six-month tryout for the Internet talk show host Cenk Uygur, the cable news channel MSNBC is preparing to instead hand its 6 p.m. time slot to the Rev. Al Sharpton. — Mr. Sharpton's imminent hiring …
Marie Diamond / ThinkProgress:
Allen West Refuses To Apologize, Blames Military Background For His Insulting Remarks — Facing a barrage of criticism, Rep. Allen West (R-FL) remains defiant and says he won't apologize to DNC Chairwoman Debbie Wasserman Schultz (D-FL) for a disparaging email in which he called her “vile …
Discussion:
The Huffington Post, Little Green Footballs, Washington Post and Crooks and Liars
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Mickey Edwards / The Atlantic Online:
How to Turn Republicans and Democrats Into Americans — An insider's six-step plan to fix Congress — ANGRY AND FRUSTRATED, American voters went to the polls in November 2010 to “take back” their country. Just as they had done in 2008. And 2006. And repeatedly for decades …
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Fareed Zakaria / Washington Post:
A way out of our dysfunctional politics
A way out of our dysfunctional politics
Discussion:
The Moderate Voice
Annalyn Censky / CNNMoney.com:
U.S. loses $1.3 billion in exiting Chrysler — NEW YORK (CNNMoney) — U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday. — The government recently sold its remaining 6% stake in the company to Italian automaker Fiat …
Discussion:
Weasel Zippers, Shakesville and The Lonely Conservative
Paul Krugman:
1937! 1937! 1937! — The Telegraph has a leaked draft of the eurozone rescue plan for Greece. The financial engineering is Rube Goldbergish and unconvincing. But here's what leaped out at me: … OK, so we're going to demand harsh austerity in the debt-crisis countries; and meanwhile …
RELATED:
Telegraph:
Draft eurozone proposal document
Draft eurozone proposal document
Discussion:
Marginal Revolution, Clusterstock and FT Alphaville
The Note:
Mitt Romney's Fundraising Pitch: What He Tells High Rollers Behind Closed Doors — ABC News' Shushannah Walshe reports (@shushwalshe) reports: — Mitt Romney was back in New York City Tuesday evening trying to reel in more cash for his campaign, holding top dollar events at The Pierre …
Discussion:
Weasel Zippers, Mediaite, GOP 12 and Saint Petersblog
Cristina Marcos / The Hill:
FEC rules Edwards should pay $2.3M — Former Sen. John Edwards (D-N.C.) must repay the federal government millions of dollars in matching funds, the Federal Election Commission unanimously ruled Thursday. — In a 6- vote, the commission determined the former presidential candidate accepted excessive funds …
Discussion:
Outside the Beltway and The Politico
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John Merline / Investor's Business Daily:
Home Depot Co-Founder: Obama Is Choking Recovery — Bernie Marcus co-founded Home Depot (HD) in 1978 and brought it public in 1981 as the U.S. was suffering from the worst recession and unemployment in 40 years. The company thrived, creating hundreds of thousands of jobs and redefining home improvement retailing.
Matthew Yglesias / ThinkProgress:
Having Plunged Previously, After The Affordable Care Act Passed Private Sector Employment Increased — I don't think this chart showing that private sector employment has grown after the passage of the Affordable Care Act really proves much one way or another, but it certainly proves …
Discussion:
Washington Monthly, The Heritage Foundation, Oliver Willis and Modeled Behavior
Andrea Stone / The Huffington Post:
Center for Military Readiness Criticized For Lax Oversight … WASHINGTON — The leading opponent of repealing the Pentagon's “don't ask, don't tell” policy and a decades-long critic of expanded opportunities for military women runs a nonprofit organization that watchdog groups say has filed inaccurate …
Discussion:
AMERICAblog Gay, The Washington Independent and Towleroad News #gay
Mary Ann Ahern / NBC Chicago:
When Rahm's Temper Made a Comeback — To view this video you must to have Flash Player 9.0 or later installed. Click to download the most recent version of Flash. — In dealing with the press, Mayor Rahm Emanuel often tries to emulate his former boss, President Barack Obama.
Discussion:
Equality Matters, Cato @ Liberty and Don Surber
Paul Joseph Watson / Alex Jones' Infowars:
DHS Video Characterizes White Americans as Most Likely Terrorists — Big Sis fear campaign continues, but Americans are just as likely to be killed by peanut allergies than they are in terrorist attacks — A new promotional video released by the Department of Homeland Security characterizes …
Discussion:
The Gateway Pundit, nation.foxnews.com, Pajamas Media, The Powers That Be and Weasel Zippers
sos.state.oh.us:
Secretary Of State Husted Certifies Signatures For Referendum On Senate Bill 5 — Petitioners have met Constitutional requirements to place issue on November ballot — COLUMBUS - Secretary of State Jon Husted today certified that petitioners seeking a referendum on Senate Bill 5 …
Discussion:
TPMDC, Daily Kos and Balloon Juice
Adam Ozimek / Modeled Behavior:
Sane Conservatives and the Debt Ceiling — Sane conservative economists recognize that not raising the debt ceiling on August 2nd would be a disaster. Sane conservatives understand that the ratings agencies will lower our credit rating if we won't raise the ceiling, and that we have almost $500 billion …
Discussion:
ThinkProgress