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11:25 PM ET, July 26, 2011

memeorandum

 Top Items: 
David Rogers / The Politico:
CBO: John Boehner's debt bill comes up short  —  On the eve of a House vote, new cost estimates from the Congressional Budget Office could pose a problem for Speaker John Boehner as he tries to rally conservative support for his two-step plan to raise the federal debt ceiling and avert default next week.
RELATED:
Greg Sargent / Washington Post:
Dems plot the endgame in debt limit fight  —  So now what?  Now that Dems and Republicans have unveiled competing plans for the way forward — and now that both sides have dug in — what happens next?  —  Here's the game plan, as seen by Senate Dem aides: The next move is to sit tight …
Josh Marshall / Talking Points Memo:
Cat To Emerge from Bag?  —  There's an interesting possibility, even a likelihood, we may see unfold over the coming days.  And if it happens, we might find out quickly whether there's a limit past which consensus opinion, the Wall Street/business interests who hold such a sway over national politics …
Discussion: Balloon Juice
Erik Wasson / The Hill:
Boehner to rework his debt-ceiling bill  —  Speaker John Boehner (R-Ohio) will rework his two-step plan to raise the debt ceiling after the Congressional Budget Office (CBO) found the bill would not cut as much spending as promised.  —  “We're here to change Washington - no more smoke-and-mirrors …
Daniel Stone / Yahoo! News:
Analysis: U.S. credit downgrade ‘inevitable’  —  The deadlock over raising the U.S. debt ceiling continued to weigh on stocks ...more  —  Only seven days stand between the U.S. and the effects of a credit default.  But a downgrade of the nation's stellar AAA credit rating seems a lot more likely, and a lot sooner.
The Hill:
Cantor tells GOP to ‘stop whining’ about Boehner debt-ceiling plan  —  Majority Leader Eric Cantor (R-Va.) on Tuesday bluntly told House Republicans to stop “grumbling and whining” about Speaker John Boehner's (R-Ohio) new proposal for a limited debt-limit increase.
Washington Times:
House GOP revolts against Boehner plan
Allahpundit / Hot Air:
Oof: CBO says Boehner's bill would save less than $1T over 10 years …
Discussion: National Review and Weasel Zippers
Andrew Malcolm / Top of the Ticket:
New polls confirm Obama's Democratic base crumbles
Wall Street Journal:
The GOP's Reality Test
Discussion: The Hill
Charles Babington / Associated Press:
House GOP to rework budget plan after new estimate
Nancy Scola / The Atlantic Online:
With Call to Action, Obama Brings Down the House
Jake Sherman / The Politico:
Cantor to GOP: Quit whining and vote
Brian Beutler / TPMDC:
NOPE! Top House Conservatives Says Boehner Lacks Sufficient GOP Support To Raise Debt Limit
Alexander Bolton / The Hill:
Reid vows to defeat Boehner plan
Discussion: Outside the Beltway
Gschwarzcnn / CNN:
Cantor: ‘The debt limit vote sucks’
New York Post:
Bam's Desperation  —  President Obama likes to present himself …
Fred Thompson / National Review:
An Open Letter to the GOP  —  As someone who understands the pressures and difficulties you have been going through, I want to say, “Congratulations.”  You won, and so did the country.  —  Absent some major miscalculations, within the next few days there will be official acknowledgement of what has already happened.
RELATED:
Josh Marshall / Talking Points Memo:
Not Leveling with Viewers  —  It's been said many times.  But it's never enough: the conventions of journalistic ‘objectivity’, as currently defined, frequently make journalists violate their biggest duty, which is honesty with readers.  The top headline running now on CNN reads …
Discussion: Foreign Policy
Christina Marcos / The Hill:
Rep. Gutierrez arrested outside White House for second time  —  Rep. Luis Gutierrez (D-Ill.) was arrested outside the White House on Tuesday during a protest against immigrant deportation, a spokesman confirmed.  —  Gutierrez spokesman Douglas Rivlin said the congressman was arrested …
Discussion: NBC Chicago and CNN
Stephen F. Hayes / Weekly Standard:   White House's Carney on President's Debt Ceiling Plan: ‘You Need it Written Down?’
Guy Benson / Townhall.com:
Guy Benson White House: Asking for Obama's Specific Debt Plan is a “Republican Talking Point”
Discussion: Pirate's Cove and The Daily Caller
Allahpundit / Hot Air:
WH press corps hammers Carney: How come Obama hasn't produced his own debt-ceiling plan?
Discussion: Townhall.com and The Other McCain
Bryan Preston / Pajamas Media:
Unbelievable: Obama White House Stubbornly Refusing to Release Any Written Debt Plan (Update: Video Added)
Discussion: Sense of Events and Big Journalism
Pew Research Center for the People and the Press:
Public Wants a Debt Ceiling Compromise, Expects a Deal Before Deadline  —  GOP Widely Viewed as ‘More Extreme in Its Positions’  —  OVERVIEW  —  The public overwhelmingly favors a compromise in the debt ceiling standoff.  And even as negotiations aimed at resolving the issue show little progress …
RELATED:
Washington Post:
House Republicans delay vote on Boehner debt plan  —  Responding to Obama's appeal in a speech Monday night for Americans to contact their members of Congress to urge them to adopt his “balanced approach” to deficit reduction, callers flooded Capitol telephone circuits Tuesday morning …
Jennifer Epstein / The Politico:
Debt ceiling poll: Voters with Obama
Ben Smith / Ben Smith's Blog:
SwiftVets revenge  —  The Navy Times (no link) reported last week that Navy Secretary Ray Mabus stripped the Silver Star from a Vietnam swift boat veteran, Capt. Wade Sanders:  —  “Had the subsequently determined facts and evidence surrounding both the incident for which the award …
Discussion: Weasel Zippers and Pajamas Media
RELATED:
Thomas Lifson / americanthinker.com:
Kerry spokesman stripped of Silver Star  —  John F. Kerry almost became president running on the basis of his alleged heroism in Vietnam.  Thanks to the efforts of a group of truth-tellers, the Swiftboat Veterans for Truth, the serious holes in the fantasy narrative propounded …
Discussion: The Other McCain
Paul Krugman:
The Cult That Is Destroying America  —  Watching our system deal with the debt ceiling crisis — a wholly self-inflicted crisis, which may nonetheless have disastrous consequences — it's increasingly obvious that what we're looking at is the destructive influence of a cult that has really poisoned our political system.
Discussion: Hullabaloo and Balloon Juice
Tanya Somanader / ThinkProgress:
Pat Buchanan: Norwegian Right-Wing Terrorist ‘Breivik May Be Right’  —  Today, in a World Net Daily op-ed, failed presidential candidate and conservative pundit Pat Buchanan offers an example of the ethnic bigotry and racial insensitivity that has come to define him.
RELATED:
Rusty Shackleford, Ph.D. / The Jawa Report:
On Islamophobia and Right Wing Extremism
David Jackson / USA Today:
Michelle Obama praises McDonald's  —  First lady Michelle Obama, who has made the fight against childhood obesity a major part of her platform, praised McDonald's today for plans to add apples to Happy Meals and other new nutritional projects.  —  Obama's statement: … The Associated Press reports:
RELATED:
Emily York / Los Angeles Times:
McDonald's to make Happy Meals more healthful
JTA:
Envoy contrasts terror in Israel, Norway  —  JERUSALEM (JTA) — Norway's ambassador to Israel drew distinctions between the Oslo and Utoya massacres and Palestinian terrorism.  —  Svein Sevje said in an Israeli newspaper interview Tuesday that while the Norwergian bomb and gun rampages …
David Dayen / news.firedoglake.com:
British Economy, After Austerity, at Zero Growth in the Past Nine Months  —  What's amazing about this debt limit debate, and the headlong rush to austerity, is that we have empirical evidence of what can result, in this kind of economy, when you massively roll back spending.
Discussion: Hullabaloo and Eschaton
 
 
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 More Items: 
Pew Social & Demographic Trends:
Wealth Gaps Rise to Record Highs Between Whites, Blacks, Hispanics
Chris Good / The Atlantic Online:
Picture of the Day: Congress Gets a Fail Whale
Discussion: The Moderate Voice
Shira Toeplitz / Roll Call:
Poll Shows Mourdock, Lugar Virtually Tied
Jennifer Medina / New York Times:
Hard Times Cause Rifts Among Mariachi Bands
Discussion: ThinkProgress
Chris Wilson / Slate Magazine:
Are We Broke Yet? … Like This Story  —  Follow Slate's Politics
Discussion: ProPublica
Evan McMorris-Santoro / TPMDC:
‘We Get The Sacrifice, They Get The Wealth’: A Fired-Up Pelosi Tears Into GOP Deficit Plan
 Earlier Items: 
Thomas Sowell / National Review:
Debt-Ceiling Chicken  —  The big news, as far as the media …
Thereisnospoon / Hullabaloo:
Render Unto Caesar
Associated Press:
Congressman Resigns in Sex Scandal
Discussion: msnbc.com, Wonkette and Taylor Marsh
 

 
From Mediagazer:

Kiyoshi Takenaka / Reuters:
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder

Katie Robertson / New York Times:
Semafor plans to launch an invite-only newsletter for CEOs, The CEO Signal, in January 2025, written by former FT US News Editor Andrew Edgecliffe-Johnson

Joe Easton / Bloomberg:
Canal+ shares sink 15%+ as UBS says the stock is fairly valued after its London listing on December 16; CAN is down 32%+ since its listing

 
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