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Congressional Sources: Republicans and Democrats Reach Tentative Debt Deal — ABC News' Jonathan Karl (@JonKarl) reports: — Democratic and Republican Congressional sources involved in the negotiations tell ABC News that a tentative agreement has been reached on the framework of a deal …
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Outlines of Debt Compromise Emerge — An announcement could come as early as Sunday afternoon. — Here are the outlines of a debt-ceiling deal that congressional leaders and the Obama White House are firming up in preparation for a possible announcement as early as Sunday afternoon.

GOP ready to declare victory in debt fight — Republicans on Sunday framed an emerging debt ceiling agreement as largely giving them what they wanted in a debt deal. — Senate Minority Leader Mitch McConnell (R-Ky.) also pushed back Sunday against suggestions the prolonged fight over raising …
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Washington Post, Alan Colmes' Liberaland and CNN

Democrats will lose now. But they can win later. — Democrats are going to lose this one. The first stage of the emerging deal doesn't include revenue, doesn't include stimulus, and lets Republicans pocket a trillion dollars or more in cuts without offering anything to Democrats in return.
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emptywheel, DISSENTING JUSTICE and Daily Kos


Dems, GOP Float Eye-Popping Debt Limit Compromise — Very late on Saturday, multiple reports sketched out the framework of a debt limit compromise President Obama has struck with Senate Minority Leader Mitch McConnell (R-KY). — As noted here, the issue under contention was the design of a so-called …
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Crooks and Liars, The Huffington Post, The Moderate Voice, Don Surber, CNN, Hullabaloo, The Note, The New Republic, The Daily Caller and RedState

The end of Harry Reid as we know it — We don't know all the details of the negotiations between Mitch McConnell and the White House which apparently are closing in on an agreement, but one thing is clear, Harry Reid has become a sideshow. — The master of the Senate was left …
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The Other McCain, PoliPundit.com and The Note

Compromise In The Works — The rumored deals flying around Washington today all sound pretty bad. And how could they not be? The White House started with a position that: … But (1) and (3) were in significant tension. The White House strategy for getting (3) was to persuade the public that (3) was the correct position.
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Washington Post and Grasping Reality …


Boehner: ‘Serious issues’ remain — Speaker John Boehner emailed his House Republican colleagues Sunday afternoon acknowledging momentum in negotiations with the White House over a deficit reduction package, but we warned that “serious issues remain.” — The Ohio Republican told lawmakers …
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Taegan Goddard's …

Caution on Capitol Hill: ‘Nothing Is Agreed to Until Everything Is Agreed to’ — ABC News' Jonathan Karl reports: — There is caution on Capitol Hill about a tentative deal being reached. — As the mantra here goes, “nothing is agreed to until everything is agreed to.”

Jennifer Rubin Is An A**hole — Sorry, but there's really no other word for it. Talk about someone with a malfunction. You write for the Washington Post now, sweetie. You need to grow up and at least write like an adult, even if you can't manage to think like one.

A deal comes together
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Pundit & Pundette and Alan Colmes' Liberaland

McConnell: 'We're very close' to a deal
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Weasel Zippers, Daily Kos, Sky Dancing, The Note, Outside the Beltway, Hugh Hewitt's TownHall Blog and The Hill

Moody's: Neither debt plan protects the nation's AAA rating
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PoliPundit.com and Vox Popoli


Amid New Talks, Some Optimism on Debt Crisis
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Firedoglake, The Politico, Politics, Prairie Weather, Washington Post, Taylor Marsh, TalkLeft, AMERICAblog News, Calculated Risk, CNN and U.S. Senate Republican …

BREAKING: Dems Delay Debt Limit Test Vote
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Open Congress, Salon, Washington Post, Washington Monthly, New York Times and Booman Tribune

White House, Republicans Said to Reach Tentative Deal on U.S. Debt Ceiling
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Washington Post, NationalJournal.com, Washington Monthly, American Power, CBS News and The Agonist

Senate defeats Reid bill, waits for deal from Obama and GOP leaders — The Senate voted largely along party lines on Sunday afternoon to block legislation crafted by Senate Majority Leader Harry Reid (D-Nev.) that would raise the debt limit by $2.4 trillion.
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Daily Kos
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Senate Blocks Reid's Debt Ceiling Plan
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Washington Monthly


Senate Blocks Reid's Debt Ceiling Plan; Talks Continue
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Wall Street Journal

Live Blog: The U.S. Debt Battle
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Calculated Risk and Wall Street Journal


Why Voters Tune Out Democrats — Stanley B. Greenberg is the chief executive of Greenberg Quinlan Rosner, a polling company that works with center-left political parties in the United States and abroad. — BARACK OBAMA can't catch a break from the American public on the economy …
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Alan Colmes' Liberaland, Daily Kos and Suburban Guerrilla

Bring Back Poppy — WATCHING today's Republicans being led around by an extremist Tea Party faction, with no adult supervision, I find my mind drifting back to the late 1980s when I was assigned to cover the administration of George H.W. Bush, who I believe is one of our most underrated presidents.
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The Moderate Voice, NewsBusters.org, Weasel Zippers and Daily Kos

Debt-Ceiling Negotiations Leaving Defense Budget in Grave Jeopardy — Every indication is that the debt-ceiling negotiations are leaving the defense budget in grave jeopardy. By exposing critical defense programs to disproportionate cuts as part of the “trigger mechanism,” …
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Washington Post, Weekly Standard, Hot Air and National Review