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 Moderate Voice, Left in the West, Booman Tribune, Hullabaloo, Guardian, The BRAD BLOG, The Huffington Post, Hit & Run, The Reaction, Mediaite, Washington Post, neo-neocon, CNN, Democracy in America, Le·gal In·sur·rec· tion, No More Mister Nice Blog, Questions and Observations, Real Time Economics, Simply Left BehindThe …, ourfuture.org/blogs_chrono/*, Pajamas Media, The Gateway Pundit, The New Republic, Wake up America, The Daily Caller, Washington Monthly, Jack & Jill Politics, Taylor Marsh, The Atlantic Online, Big Government, Cafe Hayek, Colorlines, p m carpenter's commentary, ThinkProgress, DownWithTyranny!, Connecting.the.Dots, Salon, Weasel Zippers, Indecision Forever, AMERICAblog News, Don Surber, Power Line, Daily Kos, The Other McCain, Outside the Beltway, Sky Dancing, Via Meadia, Balloon Juice, Truthdig, The POH Diaries and Lawyers, Guns & Money
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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, Balloon Juice and alicublog
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:
The New Republic, Daily Kos and Lawyers, Guns & Money
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.
Discussion:
The Politico, Washington Post, USA Today, New York Times, The New Republic, americanthinker.com, The Hill, Marbury, Althouse, Guardian, The Moderate Voice, Hullabaloo, Hot Air, American Power, Shakesville, Towleroad News #gay, Weasel Zippers, Daily Kos, TPMDC, Reuters, Suburban Guerrilla and Truthdig
Robert Reich:
Ransom Paid — Anyone who characterizes the deal between …
Ransom Paid — Anyone who characterizes the deal between …
Discussion:
DISSENTING JUSTICE and Jared Bernstein
Jonathan Chait / The New Republic:
Did Obama Get Rolled? — The debt ceiling agreement is a horrible piece of legislation.
Did Obama Get Rolled? — The debt ceiling agreement is a horrible piece of legislation.
Discussion:
Washington Post, Washington Monthly, Firedoglake, Alas, a Blog, Jared Bernstein, Lawyers, Guns & Money and The Mahablog
Ross Douthat / New York Times:
The Diminished President — By rights, Barack Obama …
The Diminished President — By rights, Barack Obama …
Discussion:
CNN, AmSpecBlog, The Atlantic Online and Outside the Beltway
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:
Washington Monthly, Cato @ Liberty, The New Republic, Washington Times, Hit & Run, nation.foxnews.com, The Hill and Calculated Risk
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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.
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, Maggie's Farm, Weasel Zippers, The Note, Ben Smith's Blog and ThinkProgress
Ezra Klein / Washington Post:
The debt-ceiling deal in one flowchart
The debt-ceiling deal in one flowchart
Discussion:
Free exchange and Naked Politics
Matthew Yglesias / ThinkProgress:
The Hostages Next Time — I remember last December sitting …
The Hostages Next Time — I remember last December sitting …
Discussion:
Firedoglake, The Atlantic Online, Biased BBC, Washington Monthly and AlterNet
William Kristol / Weekly Standard:
Bolton Speaks — John Bolton has just issued a thoughtful …
Bolton Speaks — John Bolton has just issued a thoughtful …
Discussion:
The Atlantic Online, CBS News, Washington Post, Salon, AmSpecBlog and ThinkProgress
Josh Barro / National Review:
Debt Ceiling Deal—Less Than Meets the Eye
Debt Ceiling Deal—Less Than Meets the Eye
Discussion:
Washington Post, TalkLeft, Guardian, The New Republic, James Pethokoukis, Hit & Run and FiveThirtyEight
Kevin Drum / Mother Jones:
Why the Debt Ceiling Deal Sucks
Why the Debt Ceiling Deal Sucks
Discussion:
International Liberty, Daily Kos, The Heritage Foundation, American Power and Newshoggers.com
Chris Edwards / Cato @ Liberty:
Budget Deal Doesn't Cut Spending
Budget Deal Doesn't Cut Spending
Discussion:
ThinkProgress, Washington Post, Marginal Revolution and Bearing Drift
The Hill:
WHIP COUNT: Debt-limit bill appears to have the votes to clear Congress — 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 to clear the bill through the lower chamber.
Discussion:
The Politico, Hot Air, The Right Scoop, Guardian, JustOneMinute, Alan Colmes' Liberaland and Daily Kos
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Jon Cohen / Washington Post:
Budget talks in a word: ‘Ridiculous,’ ‘disgusting’ and ‘stupid’ top poll — Americans give overwhelmingly negative reviews to the fierce budget debate that has transfixed Washington over the past few weeks, and large numbers now think less favorably about the country's political leaders …
Discussion:
No More Mister Nice Blog, Wonkette and AMERICAblog News
Russell Berman / The Hill:
House approves debt ceiling bill as Giffords makes dramatic return
Greg Sargent / Washington Post:
Can debt deal pass House if Dem leaders don't whip votes?
Can debt deal pass House if Dem leaders don't whip votes?
Discussion:
The Moderate Voice and Taegan Goddard's …
Debbie Siegelbaum / The Hill:
Protesters of debt deal detained at Capitol
Protesters of debt deal detained at Capitol
Discussion:
Mediaite and The Raw Story
The Politico:
Biden: Tea partiers like ‘terrorists’ — Vice President Joe Biden joined House Democrats in lashing tea party Republicans Monday, accusing them of having “acted like terrorists” in the fight over raising the nation's debt limit. — Biden was agreeing with a line of argument made by Rep. Mike Doyle …
Discussion:
Hot Air, CNN, The Hill, CBS News, And So it Goes in Shreveport, The Jawa Report, The POH Diaries, Outside the Beltway, Conservatives4Palin, The Gateway Pundit, Weasel Zippers, The Daily Caller, Political Punch, TPMDC, Pajamas Media, The Lonely Conservative, National Review, The Right Scoop, Verum Serum, Gawker and TheBlaze.com
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blogs.abcnews.com:
Both the Left and Right Sour on Debt Deal — ABC News' Shushannah Walshe (@shushwalshe) reports — Senate Majority Leader Harry Reid of Nevada today echoed the feelings of people on both ends of the political spectrum who say they feel cut out of the final debt deal, but still urged members of Congress to vote for the compromise.
Discussion:
CNN and Alan Colmes' Liberaland
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Jay Newton-Small / Swampland:
Five Things for Liberals to Like in the Debt Ceiling Deal — As the broad strokes of the debt ceiling deal began to leak out over the weekend, progressive groups filled reporters' inboxes with outraged e-mails. “Seeing a Democratic President take taxing the rich off the table and instead push …
Discussion:
Salon, Daily Kos, Booman Tribune, Newshoggers.com and Suburban Guerrilla
Alicia M. Cohn / The Hill:
Sen. McCain credits the Tea Party for deficit agreement
Sen. McCain credits the Tea Party for deficit agreement
Discussion:
Don Surber, The Note, Weasel Zippers, The Gateway Pundit, The Politico and iOwnTheWorld.com
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:
JSOnline, Gawker, Daily Kos and ThinkProgress
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Eric Kleefeld / TPMDC:
Koch Group Mails Suspicious Absentee Ballot Letters In Wisconsin
John Cook / Gawker:
Most of Newt Gingrich's Twitter Followers Are Fake — Yesterday Newt Gingrich laid out a new argument for why he should be the GOP presidential nominee: He's got the most Twitter followers. But according to a former Gingrich staffer, he bought them. — Gingrich complained yesterday …
Discussion:
Mock, Paper, Scissors, Mediaite and Dependable Renegade
Charles Johnson / Little Green Footballs:
Pamela Geller Deletes Racist Caption, Hides Comments — Today we find that anti-Muslim lunatic Pamela Geller is editing her posts again, to remove evidence of blatant racism. — In her despicable post from yesterday, in which she attacked the victims of Oslo terrorist Anders Behring Breivik …
Discussion:
Jesus' General
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John Hinderaker / Power Line:
The Winner of the Power Line Prize Is... “The Spending Is Nuts,” by Justin Folk: — “Squirrels,” as we call it informally, is a beautiful piece of work. (View it on YouTube in HD here.) We asked Justin to share his thoughts on the contest and his video:
Discussion:
Pajamas Media and Michelle Malkin
Daily chart:
The red and the black — Where federal taxes are raised and spent — SOME American states receive more in federal spending than they pay in federal taxes; others receive less. Over twenty years these fiscal transfers can add up to a sizeable sum. From 1990 to 2009 …
Discussion:
ThinkProgress
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:
ABCNEWS, Washington Post, Mediaite, Outside the Beltway, Politics, Ben Smith's Blog and SWJ Blog
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, No More Mister Nice Blog and Firedoglake