memeorandum: Boehner, Reid unveil new debt plans as deadline nears (CNN)

5:20 PM ET, July 25, 2011

Top Items:

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.

Matthew Yglesias / ThinkProgress:

Harry Reid Calls House Republicans' Bluff — Something you often see in negotiations is a mismatch between one side's stated sticking points and its real sticking points. In the debate over the debt ceiling, for example, Republicans have sought to portray themselves as having two bottom lines.

Discussion: Crooks and Liars, Washington Monthly, JustOneMinute and The Mahablog

Nate Silver / FiveThirtyEight:

Speaker Boehner's Big Gamble — The Republican Speaker John A. Boehner, following the collapse of negotiations with President Obama, appears to be considering a path that would involve the House Republicans voting to raise the federal debt ceiling on their own terms, with little expectation of Democratic support.

Discussion: msnbc.com, The Politico, Prairie Weather, Balkinization, Outside the Beltway, NationalJournal.com, The Hill and Politics

The Note:

Debt Debate: What are the Odds Congress Can Raise Debt Ceiling by Aug. 2? — ABC News' Jonathan Karl (@jonkarl) reports: — Democrats and Republicans are on a collision course this week over raising the debt ceiling. At some point, somebody will need to back down, but right …

Discussion: CNN, The Politico, Michelle Malkin, Washington Post, Outside the Beltway, The Hill, The Mahablog, Scared Monkeys and The Gateway Pundit

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 …

Discussion: The Lonely Conservative, The Politico, Hot Air, The Other McCain, And So it Goes in Shreveport, Sister Toldjah, JOSHUAPUNDIT, Pundit & Pundette, Washington Times, Pajamas Media, Poor Richard's News, Le·gal In·sur·rec· tion, The Gateway Pundit, Washington Examiner and CNN

Felix Salmon:

How we got into this fine mess — For a clear, powerful, and erudite short take on the current debt debacle, there's no better place to go than Jim Surowiecki. His main thesis is pretty much impossible to argue with: that the debt ceiling should be abolished.

Discussion: The Atlantic Online, Gawker and Paul Krugman

James Surowiecki / New Yorker:

SMASH THE CEILING — In the past few years, the U.S. economy has been beset by the subprime meltdown, skyrocketing oil prices, the Eurozone debt crisis, and even the Tohoku earthquake. Now it's staring at a new problem—a failure to raise the debt ceiling, which would almost certainly throw the economy back into recession.

Discussion: The Atlantic Online

Byron York / Washington Examiner:
BELTWAY CONFIDENTIAL — Reid played key role on debt bill before Obama nixed plan

Discussion: YID With LID, Verum Serum, Weasel Zippers and Pajamas Media

Brian Beutler / TPMDC:
GOP Stumbles Over Surprise Dem Debt Limit Offer

Discussion: Washington Monthly, White House.gov Blog, Wall Street Journal and Daily Kos

Chad Pergram / Fox News:
The Basics of Boehner's Debt Pitch to GOP Conference

Discussion: USA Today and AmSpecBlog

Taegan Goddard's Political Wire:
Boehner's Plan Unveiled

Discussion: Alan Colmes' Liberaland, The Right Scoop, Hot Air, Fox News and FrumForum

Alicia M. Cohn / The Hill:
Boehner briefed Limbaugh on debt plan

Discussion: Washington Monthly, Politics, Bloomberg and Washington Post

New York Times:
Senate and House Still Far Apart on Debt in 2 New Plans

Discussion: AMERICAblog News

CNN:
Boehner, Reid unveil new debt plans as deadline nears

Discussion: Jared Bernstein, Michelle Malkin and Pajamas Media

Daniel Strauss / The Hill:
Series of short-term debt deal votes will be a tax increase, Dem charges

Discussion: The Note, Weasel Zippers and Democracy in America

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 …

New York Times:

Norway Suspect May Have Had Accomplices; Death Toll Lowered — OSLO — The 32-year-old man accused of devastating twin attacks in Norway now maintains that two cells of extremists collaborated with him, court officials said here Monday as they ordered solitary confinement for the suspect.

Discussion: The Wire, Gates of Vienna, The Lede, The Daily Dish, NewsBusters.org, Gawker, FP Passport, Little Green Footballs, www.thetakeaway.org, Guardian and Althouse

Charles Johnson / Little Green Footballs:
NYT: US ‘Counter-Jihad’ Bloggers Heavily Influenced Oslo Terrorist

Discussion: Crooks and Liars, Daily Kos and Israel Matzav

Ross Douthat / New York Times:
A Right-Wing Monster — For many years, a quiz entitled …

Discussion: National Review, The Atlantic Online and The Reaction

Boris Johnson / Telegraph:
Anders Breivik: There is nothing to study in the mind of Norway's mass killer

Discussion: Obsidian Wings, Guardian, Marbury and Shakesville

William Saletan / Slate Magazine:
If Muslims are responsible for Islamic terrorism, are Muslim-bashers responsible for the massacre in Norway?

Discussion: Dean's World

Mark Steyn / National Review:
Islamophobia and Mass Murder

Discussion: Power Line, Salon, Globe and Mail, Tim Blair, USA Today, Associated Press and alicublog

BBC:
Norway gunman ‘has accomplices’

Discussion: Guardian, FP Passport and War in Context

Adam Serwer / Washington Post:
In response to Norway attacks, right-wing bloggers suddenly demand nuance

Discussion: Daily Kos, Tikun Olam and Firedoglake

Pamela Geller / Atlas Shrugs:
Media Assassins — Needless to say, I have been fielding calls …

Discussion: Jihad Watch and Booman Tribune

Bruce Bawer / Wall Street Journal:
Inside the Mind of the Oslo Murderer

Discussion: The Wire, The Daily Dish, Towleroad News #gay, ThinkProgress, Roger Ailes and Runnin' Scared

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.

Discussion: Questions and Observations, Big Journalism, Weasel Zippers, Red Dog Report, Don Surber, Le·gal In·sur·rec· tion, NewsBusters.org and JammieWearingFool

Reid J. Epstein / The Politico:

Steve King on default: Obama could be impeached — Rep. Steve King (R-Iowa) said Monday that President Barack Obama “would be impeached” if the nation falls into default. — “STOP talking about default,” he wrote on Twitter. “The 1st dime of each $1 of revenue services debt.

Discussion: No More Mister Nice Blog, The New Republic, The Raw Story, Weasel Zippers, The Daily Caller and Pajamas Media

Scott Keyes / ThinkProgress:
Rep. King Says Obama Will Be Impeached If Government Defaults

Discussion: Politics

Maggie Haberman / The Politico:

Tim Pawlenty: Michele Bachmann often ‘off the mark’ — Tim Pawlenty engages in the latest round of ammo exchanges with Michele Bachmann, hitting back at her campaign's sharp criticism of the former Minnesota governor and breaking apart the charges while at an event in Iowa today:

Discussion: GOP 12, Hot Air and National Review

Brian Goldsmith / The Atlantic Online:

Washington Isn't Broken, the Republican Party Is — Democrats have repeatedly sought a compromise deal on the debt. Why blame the whole city for Republican intransigence? — Watching yesterday's Sunday shows was a reminder that, of all the bromides that are popular among D.C. pundits …

Adam Serwer:

Captain America's Fictitious, Integrated 1940s America — In the vein of what Ta-Nehisi Coates referred to as a “convenient suspension of disbelief” in X-Men First Class, Captain America: First Avenger dutifully ignores the civil-rights struggles of the 1940s.

Discussion: ThinkProgress and The Atlantic Online

Christine Haughney / New York Times:

To Reach Simple Life of Summer Camp, Lining Up for Private Jets — Gov. Paul LePage of Maine happened to be waiting for his flight at Augusta State Airport on a recent Saturday when the weekend crush began. — A turboprop Pilatus PC-12 carrying Melissa Thomas, her daughter …

Discussion: ThinkProgress, Outside the Beltway, Gawker and Gothamist

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 …

Discussion: Outside the Beltway, Ben Smith's Blog, The Moderate Voice, The Garlic and GOP 12

Jennifer Epstein / The Politico:

Poll: Economic pessimism hits 15-year high — Americans are more pessimistic about where the economy will be a year from now than they have been at any time in almost the last 15 years, a new poll Monday showed. — In all, 59 percent of those surveyed for a CNN/Opinion Research Corporation poll …

Discussion: Outside the Beltway

Ben Smith / Ben Smith's Blog:

Politics of a downgrade — A bond trader forwards on a note from Bank of America analysts today, anticipating a short term debt deal, likely followed at some point by a downgrade of America's bond rating from AAA to AA: — We expect the US credit rating to remain on negative outlook …

Discussion: Paul Krugman, Felix Salmon, Politics, Taylor Marsh and Rortybomb