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11:45 AM ET, July 25, 2011

memeorandum

 Top Items: 
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.
RELATED:
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.
Jennifer Rubin / Washington Post:
White House stokes debt-ceiling crisis  —  A Republican aide e-mails me: “The Speaker, Sen. Reid and Sen. McConnell all agreed on the general framework of a two-part plan.  A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings …
First Read / msnbc.com:
First Thoughts: Finger-pointing, posturing, and politics  —  Another week of finger-pointing, posturing, and politics?... Boehner to introduce his $3 trillion two-step plan at 2:00 pm ET ($1.2 trillion in cuts for a temporary debt-ceiling extension, following by a bipartisan committee to come …
John Avlon / CNN:
Our stupid self-inflicted debt crisis  —  Editor's note: John Avlon is a CNN contributor and senior political columnist for Newsweek and The Daily Beast.  He is the author of “Wingnuts: How the Lunatic Fringe Is Hijacking America.”  —  New York (CNN) — Let me get this straight.
Zachary A. Goldfarb / Washington Post:
Obama takes political, policy gamble on ‘big deal’  —  When President Obama last spoke to the nation, he said he was ready to make Republicans an offer they couldn't refuse.  In exchange for trillions of dollars in cuts, including to Medicare and Social Security, Republicans would have to agree …
Nate Silver / FiveThirtyEight:
Speaker Boehner's Big Gamble
Matthew Yglesias / ThinkProgress:
Harry Reid Calls House Republicans' Bluff
Discussion: TPMDC and Talking Points Memo
Alexander Bolton / The Hill:
Bill would force Obama to pay Social Security, military if US defaults
Russell Berman / The Hill:
Reid to offer $2.7T deficit cutting plan
Robert Stacy McCain / The Other McCain:
BLACK MONDAY? Obama's Debt-Ceiling Crisis Strategy Could Sink Wall Street
Discussion: RedState and Washington Monthly
Rita Nazareth / Bloomberg:
U.S. Stock Futures Decline After Lawmakers Fail to Reach Debt-Ceiling Deal
Stephen Dinan / Washington Times:
Two sides craft debt plans before deadline
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:
Joshua Foust / The Atlantic Online:
Why the European Right Can't Be Blamed for the Attacks in Norway
Kristen Wyatt / Associated Press:
Norway suspect borrowed from Unabomber's manifesto
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.
The Politico:
Wu won't resign; Pelosi seeks probe  —  Embattled Rep. David Wu will not seek reelection in 2012, but he won't resign from office now despite allegations that the Oregon Democrat had an “unwanted sexual encounter” with the teenage daughter of a close friend last Thanksgiving.
RELATED:
Charles Pope / Oregonian:
Rep. David Wu won't resign, won't run again, will face ethics investigation
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 …
Dan Pfeiffer / White House.gov Blog:
Some Republicans in Congress Once Argued Against Short-Term Solutions - They Were Right  —  Despite warnings that a short-term extension could lead to a credit downgrade and higher interest rates resulting in a tax increase on every American, Republicans in Congress continue to push for a …
RELATED:
Judd Legum / ThinkProgress:
Cantor Opposed Short-Term Debt Ceiling Increase, Now Calls Obama's Opposition to Short-Term Increase ‘Indefensible’
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.
RELATED:
Reid J. Epstein / The Politico:
Report: U.S. aid diverted to Taliban
Newsweek:
The Maid's Tale  —  She was paid to clean up after the rich and powerful.  Then she walked into Dominique Strauss-Kahn's room—and a global scandal.  Now she tells her story.  —  “Hello?  Housekeeping.”  —  The maid hovered in the suite's large living room, just inside the entrance.
RELATED:
Aaron Katersky / ABCNEWS:
Strauss-Kahn Accuser: ‘I Want Justice’
Discussion: New York Times and Gawker
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 …
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
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.
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.
 
 
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 More Items: 
Kelly Kennedy / USA Today:
Health care providers embracing cost-saving groups
Discussion: Texas Watchdog
Boris Johnson / Telegraph:
Anders Breivik: There is nothing to study in the mind of Norway's mass killer
Lydia Saad / Gallup:
Common State Abortion Restrictions Spark Mixed Reviews
Brian Stelter / Media Decoder:
Gawker Will Go to Court in Fox Investigation
MG Siegler / TechCrunch:
Facebook's iPad App Is Hidden Inside Of Their iPhone App
Christian Heinze / GOP 12:
Huckabee adviser to consult on Santorum campaign
Discussion: Ben Smith's Blog
 Earlier Items: 
Christine Haughney / New York Times:
To Reach Simple Life of Summer Camp, Lining Up for Private Jets
Discussion: ThinkProgress and Gawker
John Hinderaker / Power Line:
In Defense of Blond Norwegians
Discussion: Elder of Ziyon
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: Political Punch and Weasel Zippers