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12:00 PM ET, January 26, 2023

memeorandum

 Top Items: 
Jeff Cox / CNBC:
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom  —  The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead.  —  Fourth-quarter gross domestic product, the sum of all goods …
RELATED:
Abha Bhattarai / Washington Post:
U.S. economy grew 2.1 percent in 2022, but recession fears linger  —  GDP report shows six months of solid growth, including 2.9 percent expansion in the most recent quarter, though many economists say a slowdown may be near  —  The U.S. economy grew by 2.1 percent in 2022 …
Ben Casselman / New York Times:
The U.S. trade deficit soared last year, nearing $1 trillion. … The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.  —  Economic growth remained solid at the end of last year as the strong job market and cooling inflation allowed Americans to keep spending despite fears of a recession.
The Hill:
McCarthy might have a math problem in blocking Omar from panel  —  Speaker Kevin McCarthy's (R-Calif.) vow to block Rep. Ilhan Omar (D-Minn.) from sitting on the House Foreign Affairs Committee has hit an early snag: he may not have the votes to do it.  —  Omar, one of three Muslims in Congress …
RELATED:
Marc Thiessen / Washington Post:
McCarthy may regret kicking Schiff off House Intelligence Committee  —  It tells you much about the priorities of Speaker Kevin McCarthy (R-Calif.) that he has seated serial fabulist George Santos (R-N.Y.) on multiple House committees while removing Rep. Adam B. Schiff (D-Calif.) from the Intelligence panel he led the past four years.
Virginia Aabram / Washington Examiner:
Swalwell says McCarthy will ‘regret’ booting him off Intel: 'I'm not going to be quiet'
Ryan Cooper / American Prospect:
The Freedom Caucus Has a Harebrained Plan to Jack Up Taxes on the Poor  —  Under the ‘Fair Tax,’ the poorest fifth of Americans would pay roughly 70 percent of their income in taxes.  —  Rep. Buddy Carter (R-GA) is the lead Republican behind the reintroduction of congressional “Fair Tax” …
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Dylan Matthews / Vox:
FairTax, the GOP plan for a 30 percent national sales tax, explained  —  Why Kevin McCarthy agreed to put a radical plan to remake the tax code up for a vote.  —  Kevin McCarthy had a hell of a time getting elected as House speaker, and a list of all the concessions he made to the most conservative members …
Sahil Kapur / NBC News:
Republicans demand spending cuts to lift the debt limit.  They won't say what to cut.  —  WASHINGTON — Republicans, newly empowered with a House majority, are demanding spending cuts as a price for lifting the debt ceiling and averting a catastrophic default on U.S. debt.
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Politico:
Veterans of the Obama-era debt ceiling standoff on the current one: We may be doomed
Discussion: Washington Examiner and Semafor
NBC News:
Biden considering a trip to Europe in show of support for Ukraine after one year of war  —  Biden considering Europe trip to mark one-year anniversary of Ukraine invasion  —  WASHINGTON — President Biden is considering a trip to Europe next month to coincide with the one-year anniversary …
Discussion: CNN, MSNBC and Sean Hannity
RELATED:
Politico:
Biden's next 2 years: A brutal war and a rough campaign
Politico:
Inside Washington's about-face on sending tanks to Ukraine
Melanie Mason / Los Angeles Times:
California Rep. Adam Schiff enters marquee Senate race  —  Rep. Adam B. Schiff, a decades-long fixture in San Fernando Valley politics who rose to national prominence as a top Democratic foe to then-President Trump, is joining a contest for U.S. Senate that is quickly shaping up to be highly competitive, he announced Thursday.
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Amy B Wang / Washington Post:
Rep. Adam Schiff announces run for U.S. Senate in California  —  Rep. Adam B. Schiff (D-Calif.) has announced he is running for U.S. Senate in 2024, joining a growing field of Democrats who are seeking to replace Sen. Dianne Feinstein (D-Calif.), who has not explicitly said she would run for reelection.
Lori Rozsa / Washington Post:
Backlash grows against DeSantis decision to block AP African American studies class  —  Florida Gov. Ron DeSantis is facing mounting backlash regarding his administration's decision to prohibit an Advanced Placement high school course on African American studies, with Black leaders rallying in the capital …
Matt Laslo / Raw Story:
Exclusive: Sen. Dianne Feinstein won't announce her plans for 2024 — until 2024  —  WASHINGTON— Countless Democrats just hit a California-sized snag: Sen. Dianne Feinstein may not retire after all.  —  In an exclusive interview with Raw Story, California's senior senator announced she's not not running.
Charlie Warzel / The Atlantic:
Trump and Facebook's Mutual Decay  —  This afternoon, Meta announced that it will soon reinstate Donald Trump's account after a two-year suspension from Facebook and Instagram.  The former president was deplatformed after his posts were deemed to have incited, or at the very least encouraged, the January 6 insurrection.
RELATED:
NBC News:
Facebook and Instagram end Trump's suspension from platforms
Nick Clegg / Meta:
Ending Suspension of Trump's Accounts With New Guardrails to Deter Repeat Offenses
Marc Caputo / NBC News:
Sen. Rick Scott is running for re-election pushing his controversial tax plan  —  Sen. Rick Scott of Florida is running for re-election, he said in an announcement first shared with NBC News.  —  Scott released his campaign staff hires and made it clear he's not planning to run for president, as some have speculated.
Soo Rin Kim / ABC News:
Santos lists new treasurer — who says he doesn't work for the congressman  —  Embattled Rep. George Santos' campaign appears to be left without a treasurer.  —  With a disclosure filing deadline approaching as questions swirl around his  —  use of campaign funds
RELATED:
Roger Sollenberger / The Daily Beast:
Inside the George Santos Campaign Report Blame Game
Punchbowl News:
1/26/23 ☀️ Punchbowl News AM  —  Something unusual is happening in the Capitol: Speaker Kevin McCarthy and House Minority Leader Hakeem Jeffries are getting along. … And these two will be at each other's throats for the foreseeable future over politics, policy, personnel and morals.
Discussion: The Hill
Nichola Groom / Reuters:
U.S. lawmakers seek repeal of Biden solar tariff waiver  —  A bipartisan group of U.S. lawmakers in the House of Representatives on Thursday will introduce a resolution to repeal President Joe Biden's suspension of import tariffs on solar panels from four Southeast Asian nations, according to a statement provided to Reuters.
Charles C. W. Cooke / National Review:
Trump Has Completely Lost His Grip on Reality  —  The former president's deterioration is on full display in the Truth Social asylum he built for himself.  —  Let's check in on the shadow primary for the 2024 Republican nomination.  Nikki Haley is putting together a finance committee …
Discussion: HuffPost and Raw Story
Alanna Vagianos / HuffPost:
Virginia Democrats Defeat 15-Week Abortion Ban And Glenn Youngkin's Anti-Choice Agenda  —  The Virginia governor introduced the idea of a 15-week ban last year, likely to bolster his anti-abortion record before a 2024 presidential run.  —  Virginia Gov. Glenn Youngkin's (R) …
Adam Beam / Associated Press:
California judge orders release of footage of Pelosi attack  —  Footage of the attack on former U.S. House Speaker Nancy Pelosi's husband will be released to the public after a judge on Wednesday denied prosecutors' request to keep it secret.  San Francisco Superior Court Judge Stephen M. Murphy ruled …
Morgan Watkins / Courier-Journal:
Poll: Andy Beshear tops 4 key Republican candidates in 2023 Kentucky governor's election  —  A new poll indicates Gov. Andy Beshear still gets a thumbs-up from most Kentuckians for his work and also leads four notable Republican opponents as he seeks a second term in office …
Politico:
Another California Republican makes her move  —  Presented by Southern California Edison  —  THE BUZZ: If there's something that Elon Musk did right with Twitter, Harmeet Dhillon says, it's that he cleaned house of everyone who wasn't down with the agenda of “WINNING.”
 
 
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 More Items: 
Benjamin Wittes / Washington Post:
The Jan. 6 committee report contains a treasure trove in fine print
Discussion: Raw Story
David Wallace-Wells / New York Times:
Britain's Cautionary Tale of Self-Destruction
Discussion: Marginal REVOLUTION
Stephania Taladrid / New Yorker:
The Democratic Party's Political Gift to Ron DeSantis
Natasha Korecki / NBC News:
New Hampshire Republicans are not yet ready to go for Trump: 'He's going to have to earn it'
New York Times:
Biden Faces Blowback From Democrats on Classified Documents
Axios:
D.C.'s top two leaders disagree on how to save downtown
 Earlier Items: 
Missy Ryan / Washington Post:
Biden vowed to punish Saudis over oil cut. That's no longer the plan.
Kevin Mcgill / Associated Press:
Report: Louisiana often holds inmates beyond release dates
Discussion: The Hill, UPI, CNN and New York Times
Mark Joseph Stern / Slate:
SCOTUS' First Decision of the Term Is a Unanimous Blow to Disabled Veterans
Discussion: National Review
Charlie Warzel / The Atlantic:
Will the 2016 Election Ever End?
Washington Post:
Opinion section at The Washington Post expands its roster with seven new contributors
Discussion: The Daily Caller