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12:10 PM ET, April 13, 2011

memeorandum

 Top Items: 
David Leonhardt / New York Times:
Do-Nothing Congress as a Cure  —  A trick question: If Congress takes no action in coming years, what will happen to the budget deficit?  —  It will shrink — and shrink a lot.  This simple fact may offer the best hope for deficit reduction.  —  As federal law currently stands …
RELATED:
Mike Lillis / The Hill:
Left's angst grows over Obama's shift to the political center  —  Anxiety over President Obama's shift to the political center is threatening to alienate the White House's liberal base.  —  As Obama prepares Wednesday to outline his deficit reduction strategy, liberals worry he'll embrace Medicare …
Michael O'Brien / The Hill:
Obama speech to focus on four steps for fiscal reform
Discussion: AMERICAblog News
Wall Street Journal:
Deficit Speech Will Be Lightning Rod
Sam Stein / The Huffington Post:
Progressive Group To Supporters: Withhold Donations To Obama If He Cuts Medicare, Medicaid
Discussion: Weasel Zippers and The Politico
Sam Youngman / Ballot Box:   Obama '12 strategy: Deal and get results
Washington Post:
Obama risks losing liberals with talk of cutting budget
Mary Beth Schneider / Indianapolis Star:
Daniels' presidential run would take on big issues  —  But governor says he still hasn't decided on 2012 campaign  —  Gov. Mitch Daniels' campaign for president would be a crusade against federal debt and for major entitlement reform — if, that is, he runs.
RELATED:
Matthew Tully / Indianapolis Star:
Will Daniels seek presidency?  Sounds like it  —  Wearing a green jacket that made him look like he'd just won the Masters, Gov. Mitch Daniels on Tuesday talked about the “savage process” politicians go through when running for president, and about the “certainty of hurtful things” occurring to the families of those seeking the job.
Lydia Saad / Gallup:
Americans Back Budget Deal but Declare No Winner  —  Split on whether next year's budget should further cut domestic spending  —  PRINCETON, NJ — Six in 10 Americans approve of the 11th-hour federal budget agreement that congressional leaders reached in time to avert a government shutdown.
RELATED:
Shane D'Aprile / Ballot Box:
Tea Party group warns GOP members: Shape up or face primaries
Discussion: Weasel Zippers
Ben White / The Politico:
Wall Street executives warn John Boehner on debt limit  —  NEW YORK — Republicans are growing increasingly concerned about the impact a bruising fight over raising the nation's $14.29 trillion debt ceiling could have on U.S. financial markets.  —  House Speaker John Boehner (R-Ohio) …
Annie Lowrey / Slate:
How Congress can balance the budget in eight years by literally doing nothing.  This is not a joke.  —  The Simpson-Bowles blue-ribbon deficit commission longs to slash Social Security and defense spending.  The Bipartisan Policy Center's Alice Rivlin and Peter Domenici yearn for a value-added tax.
Eric Lichtblau / New York Times:
Lobbyists Won Key Concessions in Budget Deal  —  WASHINGTON — At a quarter till midnight last Friday, with a deal to avert a government shutdown barely an hour old, Senator Harry Reid phoned a fellow Democratic senator, Ron Wyden, at home and startled him with some bad news.
Isabel Kershner / New York Times:
Diplomatic Breakdown Amid Bieber Fever in Israel  —  JERUSALEM — The teenage pop idol Justin Bieber became embroiled in a diplomatic imbroglio on Tuesday when it emerged that plans for a meeting between the singer and Prime Minister Benjamin Netanyahu of Israel had been called off, with the sides differing over why.
Discussion: Global Public Square
RELATED:
Justin Bieber / Haaretz:
Netanyahu cancels Bieber date over refusal to meet kids affected by Gaza rockets
John Melloy / Fast Money:
Inflation Actually Near 10% Using Older Measure  —  After former Federal Reserve Chairman Paul Volcker was appointed in 1979, the consumer price index surged into the double digits, causing the now revered Fed Chief to double the benchmark interest rate in order to break the back of inflation.
Samuel Winnacker / genewscenters.com:
GE Responds to Public Outcry - Will Donate Entire $3.2 Billion Tax Refund to Help Offset Cuts and Save American Jobs  —  Fairfield, CT, 13th April, 2011- GE CEO Jeffrey Immelt has informed the Obama administration that the company will be gifting its entire 2010 tax refund, worth $3.2 Billion …
Discussion: The Raw Story and Poynter
Patrick Martin / Globe and Mail:
Egypt junta bows to protesters, Mubarak and sons jailed  —  It didn't take long for Egypt's interim military-backed regime to respond to the country's latest popular demands.  —  On Friday hundreds of thousands of Egyptians again filled Cairo's Tahrir Square, this time demanding the government …
Thomas L. Friedman / New York Times:
Pray.  Hope.  Prepare.  —  When I was in Cairo during the Egyptian uprising, I wanted to change hotels one day to be closer to the action and called the Marriott to see if it had any openings.  The young-sounding Egyptian woman who spoke with me from the reservations department offered …
Susan Crabtree / TPMDC:
Graham Vows To ‘Tie Senate In Knots’ Over $50K Left Out Of Budget Deal  —  Not all Republicans were celebrating Tuesday about the fine print of the $38.5 billion in cuts House Republicans managed to wrangle in last week's 11th-hour budget showdown.  Tea Party loyalists who wanted tens …
Wall Street Journal:
Spending Cut Hokum  —  GOP leaders hyped their budget savings.  —  A mini-revolt is brewing among Republican backbenchers on Capitol Hill now that the specific spending cuts in Friday's budget deal are being revealed.  After separating out the accounting gimmicks and one-year savings …
Glenn Harlan Reynolds / Wall Street Journal:
Old Enough to Fight, Old Enough to Drink  —  Republicans can make up for a Reagan-era error by returning this issue to the states.  —  'If you get shot at, you can have a shot.  " That's the rationale behind Alaska State Representative—and Vietnam veteran—Bob Lynn's effort to establish …
Andrew Malcolm / Top of the Ticket:
Why Obama was forced to give today's deficit speech  —  If President Obama is in political trouble, just wait a minute.  He'll give a speech.  He thinks speech-making is his best skill and clearly prefers campaigning over presidenting at a desk.  —  Oh, look!  Obama's giving another speech this afternoon.
Discussion: Corrente and Firedoglake
Gschwarzcnn / CNN:
Pawlenty: 'I'm running for president'  —  (CNN) - Former Republican Minnesota Gov. Tim Pawlenty told CNN's Piers Morgan Tuesday he's focused on running for the White House.  —  “I'm running for president,” Pawlenty said in an interview Tuesday on “Piers Morgan Tonight.”
RELATED:
Lauraklairmont / CNN:
Pawlenty makes another hire
Discussion: GOP 12
 
 
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 More Items: 
Robbie S. Ward / Mississippi State University:
U.S. Rep. Ron Paul to ‘define liberty’ next week at MSU
Discussion: The Hill and LewRockwell.com Blog
James Denselow / The Huffington Post:
Averting a Damascene Blood Bath
Discussion: Religion Dispatches and Reuters
Shane D'Aprile / Ballot Box:
West to critics: Beware whom you target
Discussion: Weasel Zippers
Associated Press:
AP Exclusive: FBI thought Demjanjuk evidence faked
Discussion: Weasel Zippers
Eric Kleefeld / TPMDC:
Rand Paul Gives Senate Lesson In Ayn Rand And Light Bulbs (VIDEO)
John Distaso / UnionLeader.com:
John DiStaso's Granite Status: Santorum will discuss his next step regarding possible candidacy on Wednesday night
Discussion: The Atlantic Online and GOP 12
Tom Jensen / Public Policy Polling:
Obama in dicey shape in Pennsylvania
 Earlier Items: 
Alexander Burns / The Politico:
Wisconsin previews 2012 chaos
Matt Taibbi / Rolling Stone:
The Real Housewives of Wall Street
Leland Vittert / Fox News:
Hamas' Powerful New Weapon Alters Strategic Calculations Along the Gaza Strip
Discussion: American Power
Dave Itzkoff / New York Times:
Ex-Governor Apologizes for Using Song in Ad