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11:50 PM ET, July 28, 2011

memeorandum

 Top Items: 
Joe Hallett / The Columbus Dispatch:
Payback may be coming for congressman's ‘disloyalty’  —  U.S. Rep. Jim Jordan's open defiance of Speaker John Boehner's efforts to solve the debt-ceiling crisis could cost the Urbana Republican his safe seat in next year's election.  —  Two Republican sources deeply involved in configuring …
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Sarah Palin / Facebook:
Congressional Freshmen - For Such A Time As This  —  Out here in proverbial politico flyover country, we little folk are watching the debt ceiling debate with great interest and concern.  Today I re-read the open letter I wrote to Republican Freshman Members of Congress in November 2010 …
Joe Klein / Swampland:
Republicans' Debt Ceiling Charade Is Downright Dangerous  —  Let us not put too fine a point on it: Thursday's House vote on Speaker John Boehner's debt ceiling proposal is a joke.  If it passes the House, Harry Reid has said it is dead on arrival in the Senate.
Discussion: Mother Jones
Carrie Budoff Brown / The Politico:
Dems suggest compromise on debt  —  Democrats are aiming for a debt-limit compromise similar to the House Republican plan, with at least one major difference: The second vote on raising the debt ceiling would not depend on Congress passing a broader deficit-reduction package.
Ezra Klein / Washington Post:
What the final deal is likely to look like  —  Traders watch prices in the Ten-Year Treasury Note options pit.  (Scott Olson - Getty Images) The big question today is whether Boehner's bill passes in the House.  But the answer — which is probably, though not certainly, “yes” — doesn't matter that much.
Michael D. Shear / The Caucus:
Palin's Well-Timed Reminder to Freshmen  —  Sarah Palin has impeccable timing.  —  The former Republican vice presidential nominee took to her Facebook page Thursday afternoon to warn freshman Republicans in the House that they just might face primary opposition if they cave in to demands by their party to raise the debt ceiling.
The Politico:
Debt ceiling vote postponed by Boehner, who will try again Friday  —  Speaker John Boehner postponed the planned House vote on a debt-limit increase late Thursday night, casting new doubt on Congress' ability to avert a default and further exposing a deep philosophical divide in the Republican Conference.
Chris Edwards / Cato @ Liberty:
Boehner's New Plan Doesn't Cut Spending  —  House Speaker John Boehner has revised his budget plan in response to an unfavorable analysis by the CBO.  The CBO has examined Boehner's new plan and finds that it would cut spending by $917 billion over 10 years.  Of the total, only $761 billion would be cuts to programs.
Alexander Bolton / The Hill:
Conservatives angry over Pell Grant funding in Boehner debt bill  —  House conservatives who have stalled legislation to raise the national debt limit are angry that it includes $17 billion in supplemental spending for Pell Grants, which some compare to welfare.
Discussion: ThinkProgress
Gschwarzcnn / CNN:
Bachmann: Debt impasse is not an emergency  —  Washington (CNN) - Republican presidential candidate Michele Bachmann again brushed off warnings from leaders in both parties that the country would face disastrous economic consequences if the government fails to raise the debt ceiling by next Tuesday.
ThinkProgress:
ThinkProgress Vote Count: 23 House Republicans Publicly Oppose Boehner Plan  —  Tonight at around 6 p.m., the House of Representatives will vote on the Boehner plan, which would create another debt ceiling crisis in less than six months and likely lead to a downgrade in U.S. credit.
James Fallows / The Atlantic Online:
Five Reasons the House GOP Is to Blame
Thomas Sowell / Real Clear Politics:
Ideals vs. Realities
Alexander Bolton / The Hill:
Cantor to Reid: Pass House bill or default is your responsibility
Discussion: TPMDC and Washington Monthly
James Taylor / Yahoo! News:
New NASA Data Blow Gaping Hole In Global Warming Alarmism  —  NASA satellite data from the years 2000 through 2011 show the Earth's atmosphere is allowing far more heat to be released into space than alarmist computer models have predicted, reports a new study in the peer-reviewed science journal Remote Sensing.
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Jimijams / Media Matters for America:   Fox News Watch's Scott: “Maybe it's time for the granola-crunching press to change its doom …
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Donald Marron:
Why Do Half of Americans Pay No Federal Income Tax?  —  You may have heard the claim that about half of Americans pay no federal income tax.  That's a true fact.  My Tax Policy Center colleagues estimate, for example, that 46% of households either will pay no federal income tax in 2011 …
CNN:
Official: Soldier said he wanted to attack Fort Hood troops  —  Killeen, Texas (CNN) — An AWOL Muslim American Army private arrested near Fort Hood has told investigators that he wanted to attack fellow soldiers at the military base, the police chief in Killeen, Texas, said Thursday.
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Fox News:
EXCLUSIVE: AWOL Soldier Arrested Over Concerns of Possible Second Attack On Fort Hood
Jack M. Balkin / CNN:
3 ways Obama could bypass Congress  —  Editor's note: Jack M. Balkin is Knight Professor of Constitutional Law at Yale Law School.  His latest book is “Constitutional Redemption: Political Faith in an Unjust World” (Harvard University Press 2011).  —  New Haven, Connecticut (CNN) — Very soon, Congress will raise the debt ceiling.
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Matthew Yglesias / ThinkProgress:
The Platinum Coin Option
Ben Smith / Ben Smith's Blog:
NRSC blasts ‘lewd, violent, anti-Christian’ Dan Savage  —  With the Massachusetts Democratic Party attacking Senator Scott Brown for refusing to film a video for the “It Gets Better Project,” which offers moral support to gay teens, the National Republican Senatorial Committee came …
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Marie Diamond / ThinkProgress:
LGBT Leaders Slam Sen. Brown For Refusing To Participate In ‘It Gets Better’ Video
Marie Diamond / ThinkProgress:
Bachmann Defends Using Federal Loans She Denounced: 'It's Almost Impossible To Buy A Home' Without Them  —  GOP presidential contender Michele Bachmann (R) has been in hot water in recent weeks for personally taking advantage of hundreds of thousands of dollars in government aid while denouncing the very programs she benefited from.
Marie Diamond / ThinkProgress:
Rep. Joe Walsh Defends Not Paying $117,000 In Child Support: ‘This Is Where Real America Is’  —  Last night the Chicago Sun-Times broke the story that Tea Party freshman Rep. Joe Walsh (R-IL), who has spent months lecturing President Obama and Democrats on fiscal responsibility …
 
 
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 More Items: 
Wall Street Journal:
Lending Markets Feeling the Strain
Andrew Restuccia / Ballot Box:
Huntsman laments ‘heroin-like addiction’ to foreign oil, touts conservation
Discussion: The Politico
Nate Silver / FiveThirtyEight:
Surveying the Electoral Damage of the Debt Debate
Discussion: Guardian
Judd Legum / ThinkProgress:
BREAKING: Boehner postpones vote | Official word sent to House members:
Reuters:
CME Group calls tax situation ‘untenable;’ says it may exit state
 Earlier Items: 
Susan Donaldson James / ABCNEWS:
Tele-Abortions Gain Traction in Iowa
Glenn Greenwald / Salon:
An un-American response to the Oslo attack
 

 
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Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Paige Smith / Bloomberg:
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks

Ingrid Lunden / TechCrunch:
Cybersecurity startup Wiz acquires Dazz, a specialist in security remediation and risk management; sources say the cash-and-stock deal is valued at $450M

 
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