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10:20 AM ET, July 25, 2011

memeorandum

 Top Items: 
Jennifer Rubin / Washington Post:
EXCLUSIVE: What Boehner said to the caucus  —  From a source familiar with the call, this is what House Speaker John Boehner told House Republicans on Sunday: … That suggests to me that the House Republicans will pass a bill, send it to the Senate and let the Democrats decide if they want to send the country into default.
RELATED:
Alexander Bolton / The Hill:
Bill would force Obama to pay Social Security, military if US defaults  —  Tea Party conservatives hope to make a push on the House floor to force President Obama to avoid a national default if Congress fails to raise the debt limit.  —  Members of the Senate Tea Party Caucus have met …
John Hayward / Human Events:
Barack the Mad  —  The American presidency comes off the rails.  —  On Friday, right after his Democrat colleagues in the Senate used a procedural maneuver to kill the Cut, Cap and Balance Act without a real vote, President Obama held a town hall meeting at the University of Maryland …
Robert Stacy McCain / The Other McCain:
BLACK MONDAY?  Obama's Debt-Ceiling Crisis Strategy Could Sink Wall Street  —  Let's be clear: President Obama has orchestrated this unnecessary drama for the specific political purpose of causing a crisis that he — with the willing assistance of the liberal media — hopes to blame on Republicans.
Discussion: RedState, Politics and The Hill
Ezra Klein / Washington Post:
Wonkbook: Republicans have won.  But can they stop there?  —  (YURI GRIPAS - REUTERS) We don't yet know what the final deal to raise the debt ceiling will be.  But now that Harry Reid is developing a proposal with $2.7 trillion in cuts and nothing in revenues, it's a safe bet that it won't include any tax increases.
Rita Nazareth / Bloomberg:
U.S. Stock Futures Decline After Lawmakers Fail to Reach Debt-Ceiling Deal
Judd Legum / ThinkProgress:
Cantor Opposed Short-Term Debt Ceiling Increase, Now Calls Obama's Opposition to Short-Term Increase ‘Indefensible’
Zachary A. Goldfarb / Washington Post:
Obama takes political, policy gamble on ‘big deal’
Susan Crabtree / TPMDC:
Boehner Urges GOPers To ‘Stick Together’ As He Works On A Compromise
Discussion: Firedoglake and The Note
David Dayen / Firedoglake:
CNN: Reid Working on His Own All-Cuts Debt Limit Proposal
The Hill:
Boehner expects to have proposal Monday; Reid, Pelosi meet Obama
Scott Shane / New York Times:
Killings in Norway Spotlight Anti-Muslim Thought in U.S.  —  The suspect behind the attacks in Norway said he believed multiculturalism to be a threat.  Here, mourners at Oslo Cathedral.  More Photos »  —  The man accused of the killing spree in Norway was deeply influenced …
RELATED:
Kristen Wyatt / Associated Press:
Norway suspect borrowed from Unabomber's manifesto
Discussion: Weasel Zippers
John Hinderaker / Power Line:   In Defense of Blond Norwegians
Daniel Frankel / Yahoo! News:
Palin doc headed for PPV as ticket sales plummet  —  LOS ANGELES (TheWrap) - With its Sarah Palin documentary “The Undefeated” increasing its playdates by 40 percent this weekend, only to watch box office revenue decline by more than 63 percent, distributor Arc Entertainment announced Sunday …
Real Clear Politics:
Rick Perry Eyes Late August Campaign Launch  —  Texas Gov. Rick Perry is all but certain to launch a presidential campaign and is nearing an announcement set for the second half of August, according to sources familiar with his political team's planning.  —  For months, Republican activists …
RELATED:
John DiStaso / unionleader.com:
Perry gives first NH interview
Discussion: The Caucus and GOP 12
RELATED:
Charles Pope / Oregonian:
Rep. David Wu won't resign, Nancy Pelosi calls for ethics investigation
The Hill:
Obama administration's charm offensive fails to win over business groups  —  The Obama administration's push to mend its relationship with business has gone cold only six months into the effort.  —  Complaints abound about the regulations pouring out of federal agencies to implement …
Discussion: Red Dog Report and Right Wing News
Paul Krugman / New York Times:
Messing With Medicare  —  At the time of writing, President Obama's hoped-for “Grand Bargain” with Republicans is apparently dead.  And I say good riddance.  I'm no more eager than other rational people (a category that fails to include many Congressional Republicans) to see what happens if the debt limit isn't raised.
Discussion: ThinkProgress and Prairie Weather
RELATED:
Paul Krugman:
Means-testing Medicare
Niall Stanage / The Hill:
The Hill Poll: Most voters see media as biased and unethical  —  Likely voters hold a dismal view of the news media, generally regarding reporters as biased, unethical and too close to the politicians they purport to cover, according to a new poll for The Hill.
Karen DeYoung / Washington Post:
U.S. trucking funds reach Taliban, military-led investigation concludes  —  A year-long military-led investigation has concluded that U.S. taxpayer money has been indirectly funneled to the Taliban under a $2.16 billion transportation contract that the United States has funded in part to promote Afghan businesses.
Bunny Mellon / Newsweek:
The Secret-Keeper  —  On the eve of her 101st birthday, reclusive philanthropist Bunny Mellon, the wealthy zelig who cavorted with Kennedys and stood by John Edwards, talks exclusively to Meryl Gordon about life with Paul, her famous friends, and the secrets buried in her gardens.
 
 
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 More Items: 
Thomas Beaumont / Associated Press:
New Jersey's Christie casts shadow over Iowa, 2012
Discussion: GOP 12 and Taegan Goddard's …
Bloomberg:
Greece Credit Rating Cut Three Levels by Moody's
Discussion: americanthinker.com
Nick Rowe / Worthwhile Canadian Initiative:
Do Keynesians believe their own models?
Discussion: EconLog
Simonhernandezarthur / CNN:
Obama cancels fundraisers amid debt negotiations
Discussion: Weasel Zippers
Teresa Tritch / New York Times:
How the Deficit Got This Big
 Earlier Items: 
Mike / Rortybomb:
The Activist Ratings Agencies and Their Poor Public Sector Predictions