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:
Guardian, Washington Post, Washington Monthly, The Atlantic Online, The Moderate Voice, Le·gal In·sur·rec· tion, Hit & Run, Questions and Observations, Wake up America, Real Time Economics, Democracy in America, The Daily Caller, ThinkProgress, Jack & Jill Politics, Mediaite, AMERICAblog News, Colorlines, The New Republic, No More Mister Nice Blog, Salon, Power Line, Taylor Marsh, Weasel Zippers, DownWithTyranny!, Indecision Forever, p m carpenter's commentary, TPMDC, Daily Kos, The POH Diaries, The Other McCain, Via Meadia, Balloon Juice, Lawyers, Guns & Money, The TrogloPundit and Washington Wire
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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.
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 Note, ThinkProgress, Weasel Zippers, Ben Smith's Blog and Maggie's Farm
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?”
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 …
Discussion:
The Moderate Voice, Big Journalism, Taylor Marsh, National Review, msnbc.com, sisu, The Politico, JustOneMinute, DISSENTING JUSTICE and CNN
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 …
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 …
Nate Silver / FiveThirtyEight:
The Fine Print on the Debt Deal
Discussion:
Washington Times, nation.foxnews.com, Weasel Zippers and New York Times
Jay Newton-Small / Swampland:
Five Things for Liberals to Like in the Debt Ceiling Deal
Discussion:
Booman Tribune and Suburban Guerrilla
Chris Cillizza / Washington Post:
The debt-ceiling deal: Winners and losers
Discussion:
Don Surber, CNN, Hot Air, Left Coast Rebel, Pirate's Cove, Daily Kos, Outside the Beltway, The Politico, Mediaite, The Reid Report, The Moderate Voice and Bearing Drift
Jonathan Cohn / The New Republic:
This Is Not Leadership — Late Saturday night, media outlets …
Discussion:
Washington Post, Jared Bernstein, Washington Monthly, ourfuture.org/blogs_chrono/* and Daily Kos
Jared Bernstein / On the Economy:
Lousy Negotiating Skills Are Not the Problem
Discussion:
Robert Reich, Hullabaloo, Daily Kos and DISSENTING JUSTICE
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:
USA Today, Director's Blog, Club for Growth, Speaker and The Daily Caller
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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, Washington Post and FiveThirtyEight
Ezra Klein / Washington Post:
A deal that found the lowest-common denominator — (Alex Wong - VIA BLOOMBERG) Assuming no hiccups in the House — and that might be a big assumption — we've got a deal. The deficit-reduction side includes $1 trillion in cuts now, $1.5 trillion (or more) in deficit reduction later, and a vote on a balanced budget amendment.
Ezra Klein / Washington Post:
Winners and losers: policy edition
Discussion:
ThinkProgress and The Washington Current
Matthew Yglesias / ThinkProgress:
The Hostages Next Time — I remember last December sitting …
Discussion:
Firedoglake
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:
Alan Colmes' Liberaland, JustOneMinute, The Right Scoop, Guardian and Daily Kos
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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, Ben Smith's Blog, Politics and SWJ Blog
Jennifer Epstein / The Politico:
Gene Sperling: Obama 'didn't give one inch' — Top White House advisors on Monday said President Barack Obama didn't give “one inch” and expressed confidence that the compromise bill to raise the debt ceiling will pass Congress, while Sen. John McCain said the deal has “significant advantages” that should attract Republican support.
Discussion:
Alan Colmes' Liberaland and The Hill
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Alicia M. Cohn / The Hill:
Sen. McCain credits the Tea Party for deficit agreement — Days after comparing its members to hobbits, Sen. John McCain (R-Ariz.) on Monday credited the Tea Party for its role in pushing for a deficit deal. — “I don't think without the Tea Party we would have had an agreement,” McCain said.
Discussion:
The Note, The Politico, The Gateway Pundit and Weasel Zippers
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Peter Beinart / Yahoo! News:
How the Tea Party Won the Deal
Discussion:
americanthinker.com and The Gateway Pundit
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 Monthly, Washington Post, Fox News, Weasel Zippers and Daily Kos
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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.
Discussion:
The Gateway Pundit, Weasel Zippers, No More Mister Nice Blog and Via Meadia
The Politico:
Debt ceiling agreement a fair compromise? — David Mark — Moderator : — Facing the imminent prospect of default, the White House and Senate Republicans worked through Sunday to close a debt ceiling deal that gives President Barack Obama greater certainty in managing the Treasury's borrowing needs …
Discussion:
Salon
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Matthew Dickinson / Presidential Power:
Did Obama Cave? — In his first public comments since …
Discussion:
A plain blog about politics, Alas, a Blog and The New Republic
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
Rep. Ron Paul / Economy & Budget:
When a cut is not a cut — One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to drastically cut spending, but that is far from the truth. In spite of the rhetoric being thrown around …
Discussion:
nation.foxnews.com
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