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2:50 AM ET, July 29, 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
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.
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.
The Hill:
GOP postpones debt vote  —  House Republican leaders have postponed indefinitely a vote on Speaker John Boehner's (R-Ohio) debt-limit bill after they could not persuade enough Republicans to support the measure.  —  “No vote tonight,” the third-ranking House Republican, Majority Whip Kevin McCarthy …
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.
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.
Alexander Bolton / The Hill:
Conservatives angry over Pell Grant funding in Boehner debt bill
Discussion: Open Congress and ThinkProgress
The Politico:
Debt ceiling vote postponed; for John Boehner, 'it's all on the line'
CNN:
House vote on GOP debt plan delayed
James Fallows / The Atlantic Online:
Five Reasons the House GOP Is to Blame
Michael D. Shear / The Caucus:
Palin's Well-Timed Reminder to Freshmen
Greg Sargent / Washington Post:
New White House talking point: House GOP plan will ruin your Christmas
Thomas Sowell / Real Clear Politics:
Ideals vs. Realities
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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Paul Krugman / New York Times:
The Centrist Cop-Out  —  The facts of the crisis over the debt ceiling aren't complicated.  Republicans have, in effect, taken America hostage, threatening to undermine the economy and disrupt the essential business of government unless they get policy concessions they would never have been able to enact through legislation.
Discussion: Weasel Zippers
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 …
Matthew Yglesias / ThinkProgress:
The Platinum Coin Option  —  I keep hesitating to write about this because it sounds insane, but Jack Balkin's a professor at Yale Law School so I'll let him say it: … It's right here in 31 USC  § 5112 “Denominations, specifications, and design of coins.”
RELATED:
Jack M. Balkin / CNN:
3 ways Obama could bypass Congress
FRC Blog:
Texas Gov. Rick Perry: “Obviously gay marriage is not fine with me...”  —  Last week in Aspen, Colorado, Gov. Rick Perry of Texas addressed New York's new same-sex marriage law by saying “That's New York, and that's their business, and that's fine with me...”
RELATED:
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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
Andrew Gumbel / Los Angeles Times:
Seeds of terror in Norway  —  Anders Behring Breivik has a lot in common with Oklahoma City bomber Timothy McVeigh.  —  America's violent far right would have no difficulty recognizing the tell-tale signatures of Friday's killing spree in Norway — and not just because they would see the …
RELATED:
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 …
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.
Peter Cook / Bloomberg:
U.S. Contingency Plan Gives Bondholders Priority  —  The U.S. Treasury will give priority to making interest payments to holders of government bonds when due if lawmakers fail to reach an agreement to raise the debt ceiling, according to an administration official.
Discussion: The Hill
RELATED:
New York Times:
New Hacking Case Outrages Britain  —  LONDON — Britain was awash in a new surge of outrage over the phone hacking scandal on Thursday, as news emerged that Scotland Yard had added to the list of probable victims a woman whose 8-year-old daughter was murdered by a repeat sex offender in 2000.
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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 and Daily Kos
 Earlier Items: 
Reuters:
CME Group calls tax situation ‘untenable;’ says it may exit state
Susan Donaldson James / ABCNEWS:
Tele-Abortions Gain Traction in Iowa
 

 
From Mediagazer:

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Shawn Musgrave / The Intercept:
A federal court allows a claim by The Intercept that DMCA prevents OpenAI from stripping a story's title or byline but throws out its claims against Microsoft

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

 
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