Top Items:
Paul Krugman / New York Times:
The President Surrenders — A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong. — For the deal itself, given the available information, is a disaster, and not just for President Obama and his party.
Discussion:
The Huffington Post, Guardian, Washington Post, Democracy in America, neo-neocon, Outside the Beltway, Pajamas Media, Hit & Run, ourfuture.org/blogs_chrono/*, Simply Left BehindThe …, Taylor Marsh, Cafe Hayek, Questions and Observations, Mediaite, Wake up America, The Daily Caller, Big Government, Le·gal In·sur·rec· tion, Real Time Economics, Washington Monthly, No More Mister Nice Blog, ThinkProgress, Colorlines, The Atlantic Online, The Gateway Pundit, Jack & Jill Politics, The New Republic, The Moderate Voice, DownWithTyranny!, AMERICAblog News, Weasel Zippers, Connecting.the.Dots, Power Line, Daily Kos, Salon, p m carpenter's commentary, Indecision Forever, Sky Dancing, The Other McCain, The POH Diaries, TPMDC, Via Meadia, Truthdig, Balloon Juice, Lawyers, Guns & Money, Bearing Drift, The TrogloPundit and Washington Wire
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Joe Klein / Swampland:
Krugman Quibble — I agree with most of what Paul Krugman has to say about the debt deal-with one crucial exception. He's right that Obama should have included raising the debt ceiling in last December's tax deal...but he's wrong, I think, about the President using what we'll call …
Discussion:
Guardian and Balloon Juice
Michael O'Brien / The Hill:
Mitt Romney opposes compromise deal on the debt ceiling — Former Massachusetts Gov. Mitt Romney (R) broke his silence on the congressional debt-ceiling fight on Monday, emerging to say he couldn't back the final deal announced Sunday. — Romney, who had refused to weigh in during recent weeks …
Discussion:
CNN, The Daily Caller, The Note, Maggie's Farm, ThinkProgress, Weasel Zippers and Ben Smith's Blog
Nate Silver / FiveThirtyEight:
The Fine Print on the Debt Deal — If Democrats read the fine print on the debt deal struck by President Obama and Congressional leaders, they'll find that it's a little better than it appears at first glance. — That's not to say that the deal is a good one for them.
Discussion:
Cato @ Liberty, The New Republic, Hit & Run, Washington Times, nation.foxnews.com and New York Times
New York Times:
To Escape Chaos, a Terrible Deal — There is little to like about the tentative agreement between Congressional leaders and the White House except that it happened at all. The deal would avert a catastrophic government default, immediately and probably through the end of 2012.
Glenn Greenwald / Salon:
The myth of Obama's “blunders” and “weakness” — With the details of the pending debt deal now emerging (and for a very good explanation of the key terms, see this post by former Biden economic adviser Jared Bernstein), a consensus is solidifying that (1) this is a virtually full-scale victory …
Discussion:
Lawyers, Guns & Money and Daily Kos
Jonathan Chait / The New Republic:
Did Obama Get Rolled? — The debt ceiling agreement is a horrible piece of legislation. It ratchets down already too-low domestic discretionary spending caps and imposes painful sacrifice on the middle class with little asked of the rich. Obviously, though, you can't assess any deal without asking “compared to what?”
Discussion:
Washington Monthly, Firedoglake, Washington Post, Jared Bernstein, Alas, a Blog, Lawyers, Guns & Money and ThinkProgress
Kevin Drum / Mother Jones:
Why the Debt Ceiling Deal Sucks — Marian and I have now been married for 20 years (yay us!), so we went up to LA yesterday to see a show and then stayed over today to have lunch with Mark Kleiman and then watch world #84 Ernests Gulbis beat Mardy Fish in the finals of the Farmers Classic at UCLA.
Discussion:
Daily Kos, American Power, Newshoggers.com and Washington Post
Josh Barro / National Review:
Debt Ceiling Deal—Less Than Meets the Eye — My stated preference has long been for a clean debt ceiling hike. Failing that, I wanted to see a debt ceiling deal that contained as little policy as possible, or at least very little bad policy. This deal meets those criteria, and I am satisfied.
Discussion:
The Atlantic Online, Guardian, The New Republic, Hit & Run, FiveThirtyEight and Washington Post
Matthew Yglesias / ThinkProgress:
The Hostages Next Time — I remember last December sitting …
The Hostages Next Time — I remember last December sitting …
Discussion:
Firedoglake and The Atlantic Online
Jay Newton-Small / Swampland:
Five Things for Liberals to Like in the Debt Ceiling Deal
Five Things for Liberals to Like in the Debt Ceiling Deal
Discussion:
Newshoggers.com, Booman Tribune and Suburban Guerrilla
Ezra Klein / Washington Post:
Winners and losers: policy edition
Winners and losers: policy edition
Discussion:
ThinkProgress, PERRspectives, Hot Air, The Washington Current, Right Wing News and The Moderate Voice
Jared Bernstein / On the Economy:
Lousy Negotiating Skills Are Not the Problem
Lousy Negotiating Skills Are Not the Problem
Discussion:
The New Republic, Robert Reich, Hullabaloo, Washington Post, Daily Kos and DISSENTING JUSTICE
New York Times:
From Spending to Cuts, While the Economy Stalls
From Spending to Cuts, While the Economy Stalls
Discussion:
Economix, Hot Air, The Atlantic Online, The Caucus, Prairie Weather, ABCNEWS, Reuters, Mock, Paper, Scissors and Daily Kos
Erick Erickson / RedState:
Not Playing the Fool — There are a lot of Republicans tonight willing …
Not Playing the Fool — There are a lot of Republicans tonight willing …
Discussion:
Washington Post and nation.foxnews.com
Marc A. Thiessen / Washington Post:
How the Tea Party ‘hobbits’ won the debt fight — The Tea Party came under fire from all sides Friday after House conservatives nearly brought down Speaker John Boehner's debt-limit bill. John McCain went to the Senate floor to mock Tea Partyers as “hobbits,” and Democratic Rep. Chris Van Hollen …
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Wall Street Journal:
A Tea Party Triumph — The debt deal is a rare bipartisan victory for the forces of smaller government. — If a good political compromise is one that has something for everyone to hate, then last night's bipartisan debt-ceiling deal is a triumph. The bargain is nonetheless better …
Alicia M. Cohn / The Hill:
Sen. McCain credits the Tea Party for deficit agreement
Sen. McCain credits the Tea Party for deficit agreement
Discussion:
The Note, The Politico, Weasel Zippers and The Gateway Pundit
The Hill:
WHIP COUNT: House leaders in both parties seek votes to pass debt-limit deal — The debt-limit deal announced on Sunday night is expected to attract more than 60 votes in the Senate, but its outlook in the House is much more cloudy. — Speaker John Boehner (R-Ohio) will need Democratic votes …
Discussion:
Washington Post, JustOneMinute, Alan Colmes' Liberaland, The Right Scoop, Guardian and Daily Kos
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David Dayen / Firedoglake:
No Guarantee Debt Limit Deal Gets Through the House
No Guarantee Debt Limit Deal Gets Through the House
Discussion:
No More Mister Nice Blog, Associated Press, Congressman Raul Grijalva, The Hill and Eschaton
CBO's Latest 10 Documents:
CBO ANALYSIS OF AUGUST 1 BUDGET CONTROL ACT — Letter to the Honorable John Boehner and the Honorable Harry Reid — The Congressional Budget Office (CBO) has estimated the impact on the deficit of the Budget Control Act of 2011, as posted on the Web site of the House Committee on Rules on August 1, 2011.
Discussion:
Firedoglake, Director's Blog, Club for Growth, USA Today, Speaker and The Daily Caller
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Rep. Ron Paul / Economy & Budget:
When a cut is not a cut — One might think that the recent drama …
When a cut is not a cut — One might think that the recent drama …
Discussion:
nation.foxnews.com
Katie Pavlich / Townhall.com:
Katie Pavlich Some Details of the Budget Control Act 2011
Katie Pavlich Some Details of the Budget Control Act 2011
Discussion:
Questions and Observations, Political Punch and The Note
Benjy Sarlin / TPMDC:
Romney Breaks Debt Ceiling Silence: ‘Cannot Support This Deal’ — After a week of attacks from left and right alike over his failure to take a position on the latest round of Republican debt ceiling proposals, Mitt Romney has made up his mind on the final deal: he's against it.
Discussion:
Washington Post, Fox News, Weasel Zippers and Daily Kos
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Steve Benen / Washington Monthly:
Romney's cravenness — As House Republicans fought amongst themselves …
Romney's cravenness — As House Republicans fought amongst themselves …
Discussion:
No More Mister Nice Blog and Swampland
Michael D. Shear / The Caucus:
Mitt Romney Opposes Debt Compromise
Mitt Romney Opposes Debt Compromise
Discussion:
Hit & Run, Indecision Forever and Crooks and Liars
The Hill:
GOP leaders, Biden scramble for House support on debt deal — Congressional leaders are urgently trying to secure the votes to pass the bipartisan debt limit deal as the House prepares for a critical Monday evening vote. — House Majority Leader Eric Cantor (R-Va.) predicted passage …
Discussion:
Hot Air, Weasel Zippers, The Caucus and Taegan Goddard's …
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David Catanese / The Politico:
AFP Wisconsin ballots have late return date — Americans for Prosperity is sending absentee ballots to Democrats in at least two Wisconsin state Senate recall districts with instructions to return the paperwork after the election date. — The fliers, obtained by POLITICO …
Discussion:
TPMDC, ThinkProgress and Daily Kos
Lydia Saad / Gallup:
U.S. Political Ideology Stable With Conservatives Leading — Most Republicans are conservative, but one in five is “very conservative” — PRINCETON, NJ — Americans' political ideology at the midyear point of 2011 looks similar to 2009 and 2010, with 41% self-identifying as conservative, 36% as moderate, and 21% as liberal.
Nicholas Schmidle / New Yorker:
GETTING BIN LADEN … - POLITICS - PROFILES - THE TALK OF THE TOWN - COMMENT - THIS WEEK'S ISSUE - THE FINANCIAL PAGE - NEWS DESK - THE POLITICAL SCENE
Discussion:
Washington Post, Outside the Beltway, Mediaite, Politics, Ben Smith's Blog and SWJ Blog
Lee Fang / ThinkProgress:
Pam Geller Justifies Breivik's Terror: Youth Camp Had More ‘Middle Eastern or Mixed’ Races Than ‘Pure Norwegian’ — Pam Geller with House Majority Leader Rep. Eric Cantor (R-VA) — Popular hate blogger Pam Geller has received scrutiny in recent days as the public became aware …
Paul Krugman:
If I Were In The House — I guess I have to be explicit at this point: yes, I would vote no. — What about the catastrophe that would result? Several thoughts. — First, what I keep hearing from people who should know is that Treasury won't actually run out of cash tomorrow, that it still has a few more days.
Discussion:
The Atlantic Online and Firedoglake
Jeffrey Goldberg / The Atlantic Online:
The Texas Congressman and the Israeli Fascist — I was reading David Wilder's report in The Jerusalem Post about his time at the Christians United for Israel (CUFI) convention in Washington (Wilder is the spokesman for the Hebron Jewish community) and I was struck by this photo he posted …
Discussion:
Hendrik Hertzberg, Harry's Place and Ben Smith's Blog
Greg Sargent / Washington Post:
Memo to Congress: With deficit deal done, time for that pivot to jobs — I'll forgive you in advance for being skeptical of what I'm about to tell you. But there's finally a glimmer of evidence that officials are beginning to talk about that long-promised pivot to jobs that seemed …
Discussion:
Washington Monthly and Angry Bear