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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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TPMDC, Le·gal In·sur·rec· tion, The New Republic, No More Mister Nice Blog, Pirate's Cove, The Daily Caller, americanthinker.com, Outside the Beltway, Daily Kos, YID With LID, RedState, Booman Tribune, The Moderate Voice, Donklephant, Weasel Zippers, The Sundries Shack, AMERICAblog News, Questions and Observations, Hugh Hewitt's TownHall Blog, The Right Scoop, Alan Colmes' Liberaland, CNN, Taegan Goddard's …, Pajamas Media and Verum Serum
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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.”
Discussion:
Le·gal In·sur·rec· tion, Mediaite and Hot Air

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.
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TPMDC, Hot Air, Betsy's Page, Hullabaloo, Patterico's Pontifications, Sky Dancing, Weekly Standard and Viking Pundit

A deal comes together — Two senior Republican offices have confirmed that while the outlines of a debt-ceiling deal are in place, no “paper” has been exchanged. The agreement would take the country through the 2012 election, but the Boehner bill two-step cutting process would remain.
Discussion:
Alan Colmes' Liberaland and Riehl World View

McConnell: 'We're very close' to a deal — Washington (CNN) - Senate Minority Leader Mitch McConnell said Sunday that a deal to raise the debt ceiling is “very close.” — Appearing on CNN's “State of the Union,” the Kentucky senator said Republicans and Democrats “made dramatic progress” …
Discussion:
Weasel Zippers


White House, Republicans Said to Reach Tentative Deal on U.S. Debt Ceiling — The White House and congressional Republicans have found the framework of an agreement to increase the nation's debt ceiling that would raise borrowing authority through the next presidential election, a person familiar with the talks said late last night.
Discussion:
CBS News, Washington Monthly, Washington Post, NationalJournal.com and The Agonist


Amid New Talks, Some Optimism on Debt Crisis — WASHINGTON — New budget talks between top Congressional Republicans and President Obama made progress late Saturday, suddenly stirring optimism that a last-minute deal could be reached to avert a potential federal default that threatened significant economic and political consequences.
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Firedoglake, Washington Post, TalkLeft, Prairie Weather, Politics and Calculated Risk


Pelosi: Boehner went to ‘dark side’ — House Minority Leader Nancy Pelosi didn't mince words on Speaker John Boehner's efforts on the debt ceiling, whipping out a Star Wars reference on the House floor Saturday. — Instead of working out a compromise with Democrats, she said on the House floor …
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Don Surber, The Gateway Pundit, CNN, The Note, Ballot Box, Weasel Zippers, Pirate's Cove, The Hill, Washington Post and Outside the Beltway


BREAKING: Dems Delay Debt Limit Test Vote — Senate Democrats have delayed a key Sunday morning test vote on legislation to raise the debt limit, as negotiations to avoid a catastrophic debt default drag on. — Late Saturday, Senate Majority Leader Harry Reid (D-NV) announced on the Senate floor …
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Open Congress, Salon, Washington Post, Washington Monthly, New York Times and Booman Tribune


Senate debt vote delay is sign of hope
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State of the Union, Hot Air, Outside the Beltway, Daily Kos and New York Times

Economists: Now is wrong time for Congress to cut spending
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Liberty Street, Prairie Weather, The Moderate Voice and Firedoglake

Saturday night Kabuki bickerfest; Update: Sunday Senate Vote Pushed Back to 1pm; Backroom deal details emerge
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The Note, The Politico, The Hill, theblogprof, The Other McCain, Firedoglake and AmSpecBlog

Democrats, Republicans disagree on state of debt talks
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The Politico, Sky Dancing, CANNONFIRE and Pajamas Media

Reid Dismisses GOP Letter Against His Bill, Says His Bill Is ‘Only Game In Town’
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Weasel Zippers

43 Senators Sign Letter Opposing The Reid Bill
Discussion:
Taylor Marsh, FiveThirtyEight and Daily Kos

No Compromise in Sight on Debt as Congress Heads into Saturday Session
Discussion:
Weekly Standard and The Atlantic Online

‘Fully engaged’ McConnell expresses optimism on debt deal
Discussion:
ThinkProgress and AMERICAblog News

Forty-three GOP senators pledge opposition to Reid debt-ceiling plan
Discussion:
The Note, Hugh Hewitt's TownHall Blog and Outside the Beltway

Tempest in a Tea Party — SO I was chatting with Chris Coons, the new Democratic senator from Delaware who had a rare win over the Tea Party when he beat loony Christine “I've Dabbled in Witchcraft but I Am Not a Witch” O'Donnell in the midterms. — Coons is a smart guy who's alarmed …
Discussion:
Reuters, Weasel Zippers and Althouse
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Rep. McCotter calls for a truce between Republicans, Tea Party
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Outside the Beltway, Riehl World View and sisu


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 …
Discussion:
Daily Kos and Suburban Guerrilla

Declaration of independents — August is upon us, beaches beckon and Michele Bachmann has set the self-improvement bar high. She recently told The Wall Street Journal, “When I go on vacation and I lay on the beach, I bring von Mises.” The congresswoman may be the first person ever …
Discussion:
Connecting.the.Dots and Hit & Run