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 Monthly, The Atlantic Online, Washington Post, ThinkProgress, The Moderate Voice, The New Republic, Mediaite, Colorlines, Power Line, Swampland, No More Mister Nice Blog, Taylor Marsh, Crooks and Liars, AMERICAblog News, Weasel Zippers, TPMDC, p m carpenter's commentary, Firedoglake, DownWithTyranny!, Daily Kos, The Other McCain, Via Meadia, Lawyers, Guns & Money, Balloon Juice 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.
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 …
Chris Cillizza / Washington Post:
The debt-ceiling deal: Winners and losers — The debt ceiling fight is over. The White House and congressional leaders have settled on a deal to raise the nation's debt ceiling, enact immediate spending cuts and, our favorite part, create a super-commission designed to trim the federal budget further by the end of the year.
Discussion:
The Politico, CNN, Hot Air, Left Coast Rebel, Pirate's Cove, Outside the Beltway, Daily Kos, Mediaite, The Moderate Voice and Bearing Drift
Elise Foley / The Huffington Post:
Durbin: Debt Deal Will Be The Death Of Keynesian Economics … WASHINGTON — The Republicans are killing Keynesian economics with their attempt to cut spending as the economy rebounds from a recession, Senate Majority Whip Dick Durbin (D-Ill.) said in a floor speech on Sunday.
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:
ThinkProgress, Robert Reich, Washington Post, Lawyers, Guns & Money and The Atlantic Online
Peter Wallstenand David Nakamura / Washington Post:
Did Obama capitulate — or is this a cagey move? — It was President Obama's bottom line, a position he repeated in every recent public utterance on his debt-ceiling talks with Congress: Any deal must be “balanced” with spending cuts and tax increases. — But in his eleventh-hour stare …
Discussion:
No More Mister Nice Blog, FrumForum and The Daily Dish
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:
Big Journalism, The Politico, sisu, JustOneMinute and CNN
Jonathan Cohn / The New Republic:
This Is Not Leadership — Late Saturday night, media outlets …
Discussion:
Salon, Washington Post, The Huffington Post, Daily Kos, ourfuture.org/blogs_chrono/* and Jared Bernstein
Michael O'Brien / The Hill:
Romney opposes debt-ceiling compromise — 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 on the specifics …
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Jennifer Epstein / The Politico:
Gene Sperling: Obama 'didn't give one inch'
Discussion:
Alan Colmes' Liberaland, Questions and Observations and The Hill
Bret Baier / Fox News:
Gene Sperling Gives White House View of Debt Talks; Rep. McCarthy, Sens. Durbin, Kyl Talk Compromise
Discussion:
Crooks and Liars and Left Coast Rebel
Andrew Malcolm / Top of the Ticket:
More bad poll news for Obama as debt deal brings smiles to Capitol Hill
Discussion:
Los Angeles Times and Rasmussen Reports
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.
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Josh Barro / National Review:
Debt Ceiling Deal—Less Than Meets the Eye
Discussion:
The New Republic and Washington Post
David Dayen / Firedoglake:
No Guarantee Debt Limit Deal Gets Through the House — US House of Representatives Entrance (photo: deltaMike) — I talked about the debt limit deal in the past tense in my initial thoughts, but I should have put it in the present tense. Because there's no real guarantee that this thing gets through the House.
Discussion:
Associated Press, Congressman Raul Grijalva, Reuters and Eschaton
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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 Politico and Weasel Zippers
RELATED:
Peter Beinart / Yahoo! News:
How the Tea Party Won the Deal
Discussion:
The Gateway Pundit and americanthinker.com
The Politico:
Debt deal complicates liberals' support — President Barack Obama's road to debt ceiling compromise runs right through the left wing of the Democratic Party. — Much of the focus Sunday centered on House Speaker John Boehner (R-Ohio), who must wrestle conservatives into line to pass the deal before Tuesday's default deadline.
Discussion:
AmSpecBlog, Mediaite, The Note, ThinkProgress and Crooks and Liars
RELATED:
The Huffington Post:
Debt Ceiling Deal That Cuts Trillions, Creates ‘Super Congress’ Announced By Party Leaders
Discussion:
International Liberty and Daily Kos
Jeff Zeleny / New York Times:
After Protracted Fight, Both Sides Emerge Bruised
Discussion:
Washington Monthly, AMERICAblog News, New York Times, Washington Post and Hugh Hewitt's TownHall Blog
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:
Ben Smith's Blog, Outside the Beltway, Mediaite and Politics
New York Times:
From Spending to Cuts, While the Economy Stalls — WASHINGTON — The nation's political leaders agreed on Sunday to spend and invest less money in the American economy, a step that economists said risks the reversal of a faltering recovery, in the hope of improving the nation's long-term prosperity.
Discussion:
The Atlantic Online, The Caucus, Mock, Paper, Scissors and Daily Kos
RELATED:
Imtiyaz Delawala / ABCNEWS:
PIMCO CEO Mohamed El-Erian: Budget Deal Will Only Bring Short-Term Relief
Discussion:
ThinkProgress, Bloomberg, Hot Air, Reuters and The Note
David Stubbs / Television & radio:
MTV: 30 years of innovation and corporate rock'n'roll — Grumbled about by the left, hated by the American right, MTV has nevertheless redefined the way people relate to music — As any pub quiz specialist will know, the first video broadcast by MTV back in 1981 was Buggles's Video Killed the Radio Star.
Discussion:
The Reaction
Kenneth P. Vogel / The Politico:
Ads tout Rick Perry as ‘better option’ for president — A new so-called super PAC supporting a prospective Rick Perry presidential campaign is going up Monday in Iowa with a statewide television buy touting the Texas governor as “a better option” for president.
Discussion:
The Note, Taegan Goddard's …, Iowa Caucuses, USA Today, msnbc.com, Don Surber and The Daily Caller
Betsy Hiel / PittsburghLIVE.com:
Islamist factions jockey for power, vow religious rule — CAIRO — If a new political force here has its way, public stonings, whippings and the lopping-off of hands will become the law in the Land of the Pharaohs. — It all would help return Egypt to “an Islamic state (of) the Middle Ages,” in the words of one Salafist.
Discussion:
Weasel Zippers
Jim McElhatton / Washington Times:
Biden charging Secret Service for cottage rental — The U.S. Secret Service does more than protect Vice President Joseph R. Biden Jr. — the agency also pays him rent. — Since April, Mr. Biden has collected more than $13,000 from the agency charged with protecting him and his family …
Discussion:
Hot Air, Wizbang, Scared Monkeys, This ain't Hell …, americanthinker.com, Daily Pundit, nation.foxnews.com and Newsalert
Christian Heinze / GOP 12:
Palin film disappears at box office — The pro-Sarah Palin documentary, The Undefeated, suffered another huge drop in ticket sales over the weekend, earning just over $5,000. — Its weekend grosses: — July 29-31: $5,200 in 4 theatres. — July 22-24: $24,664 in 14 theatres.
Discussion:
msnbc.com
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