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5:40 PM ET, July 11, 2011

memeorandum

 Top Items: 
Sam Stein / The Huffington Post:
Obama Offered To Raise Medicare Eligibility Age As Part Of Grand Debt Deal … WASHINGTON — In his press conference on Monday morning, President Barack Obama repeatedly insisted that he was willing to tackle some sacred cows as part of a larger package to raise the debt ceiling.
RELATED:
Ezra Klein / Washington Post:
Wonkbook: Three reasons the debt deal collapsed  —  (Brendan Smialowski - GETTY IMAGES) Last week's sudden and inexplicable burst of debt-deal optimism is over.  But don't ask why the $4 trillion deal collapsed.  That's like asking why John Boehner didn't sprout wings and fly.
Wall Street Journal:
Taxes Upon Taxes Upon . . .  Obama wants $1 trillion in taxes on top of what he's already signed.  —  So the fondest Washington hopes for a grand debt-limit deal have broken down over taxes.  House Speaker John Boehner said late Saturday that he couldn't move ahead with a $4 trillion deal …
The White House:
Press Conference by the President James S. Brady Press Briefing Room  —  THE PRESIDENT: Good morning, everybody.  I want to give a quick update on what's happening with the debt negotiations, provide my perspective, and then I'm going to take a few questions.  —  As all of you know, I met with congressional leaders yesterday.
The Politico:
John Boehner's ‘grand bargain’ — with House GOP  —  Speaker John Boehner's decision not to “go big” on a debt limit deal is the starkest demonstration yet of the limits of the Ohio Republican's power.  —  The internal GOP backlash against his efforts to secure a package of $4 trillion …
Carl Hulse / New York Times:
For Boehner, Lofty Budget Goals Checked by Reality
Yuval Levin / National Review:   A Real Deal  —  Reading the papers this morning, one would …
Erica Werner / Associated Press:
SPIN METER: Obama, Dems skirt issue on tax hikes
Discussion: Weasel Zippers and Say Anything
Greg Sargent / Washington Post:
Obama ups the ante against GOP on taxes
Guardian:
News International papers targeted Gordon Brown  —  Newspapers obtained information from the former prime minister's bank account, legal file and family medical records  —  Journalists from across News International repeatedly targeted the former prime minister Gordon Brown …
RELATED:
Mirror.co.uk:
Phone hacking: 9/11 victims ‘may have had mobiles tapped by News of the World reporters’  —  DESPERATE Rupert Murdoch yesterday flew to London to try to save his ­crumbling empire.  —  He arrived in a cowboy-style hat to be hit by claims News of the World reporters hacked the phones of 9/11 victims.
Craig Robinson / The Iowa Republican:
TIR Poll: Bachmann Overtakes Romney in Iowa  —  Minnesota Congresswoman Michele Bachmann has surpassed former Massachusetts Governor Mitt Romney in a recent Iowa poll that was conducted by TheIowaRepublican.com.  With Bachmann now leading in Iowa, Romney has fallen to second place …
RELATED:
Craig Whitlock / Washington Post:
Panetta appears to link al-Qaeda presence with Iraq invasion  —  Pool/Reuters - U.S. Defense Secretary Leon Panetta delivers remarks to U.S. troops as he visits Camp Victory in Baghdad July 11, 2011.  Panetta arrived in Iraq on Sunday on his first trip there as U.S. defence secretary.
Hollie McKay / Reuters:
EXCLUSIVE: Mila Kunis Says She'll Accompany U.S. Marine to Corps Ball  —  Most men will spend their lives dreaming about going on a date with Mila Kunis - but for one U.S. Marine, that fantasy may very well turn into a reality.  —  Sgt. Scott Moore, of the 3rd Battalion 2nd Marines in Musa Qala …
Motoko Rich / New York Times:
Economy Faces a Jolt as Benefit Checks Run Out  —  An extraordinary amount of personal income is coming directly from the government.  —  Close to $2 of every $10 that went into Americans' wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody's Analytics.
Natalie Jennings / Washington Post:
Michelle Obama orders 1,556-calorie meal at Shake Shack  —  First lady Michelle Obama ordered a whopper of a meal at the newly opened Washington diner Shake Shack during lunch on Monday.  —  A Washington Post journalist on the scene confirmed the first lady, who's made a cause out of child nutrition …
Jonathan Capehart / Washington Post:
Sarah Palin as Newsweek cover girl — again  —  As celebrity glamour shots go, Sarah Palin's cover photo on this week's Newsweek is danged good!  The best-selling author and reality-TV star looks young and vibrant.  Her devil-may-care countenance aided and abetted by the wind conspicuously blowing hair back.
Gschwarzcnn / CNN:
Clinton surpasses $75 million in speech income after lucrative 2010  —  Washington (CNN) - Former president Bill Clinton enjoyed his most lucrative year ever on the speaking circuit in 2010, capping a decade of paid speaking events that has earned him $75.6 million since leaving office in 2001 …
Stephen F. Hayes / Weekly Standard:
Obama vs. Obama  —  Not long ago, Obama warned that raising taxes in a struggling economy is “the last thing you want to do.”  —  In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling.
Greg Sargent / Washington Post:
Top Senate Dems privately warn: Deep Medicare cuts will squander our big advantage on issue  —  Top Democrats in charge of keeping the Senate in Dem hands and maintaining the political health of the party — DSCC chair Patty Murray and messaging chief Chuck Schumer — have privately expressed frustration …
Jim Tankersley / NationalJournal.com:
The Glum and the Restless  —  Nearly one in five recent grads is out of work.  Could that hurt Obama's reelection bid?  —  Still waiting: A college job fair at Rutgers University.  —  Here's a fact that should give economists—and maybe President Obama's political team—heartburn …
Byron York / Washington Examiner:
BELTWAY CONFIDENTIAL  —  Paul Ryan accuser won't talk  —  Susan Feinberg, an associate professor of management and global business at Rutgers University, caused a stir in the left-wing blogosphere over the weekend with her account of witnessing House Budget Committee chairman Paul Ryan drinking …
Alex Tabarrok / Marginal Revolution:
The Great Fiction  —  Catherine Rampell, Bruce Bartlett, and Matt Yglesias are all pushing the chart below from a paper by Suzanne Mettler.  According to this gang, people who use, for example, the mortgage interest deduction or who have a 529 college savings program are willfully ignorant …
Saeed Shah / Guardian:
CIA organised fake vaccinations to obtain Osama bin Laden's family DNA  —  As part of preparations for raid that killed al-Qaida's leader in Pakistan, agents organised a vaccine drive in Abbottabad  —  The CIA organised a fake vaccination programme in the town where it believed Osama bin Laden …
Paul Krugman / New York Times:
No, We Can't?  Or Won't?  —  If you were shocked by Friday's job report, if you thought we were doing well and were taken aback by the bad news, you haven't been paying attention.  The fact is, the United States economy has been stuck in a rut for a year and a half.
Alexander Burns / The Politico:
Dick Harpootlian: Jon Huntsman had ‘lips planted’ on Barack Obama  —  As Jon Huntsman prepares to speak at a South Carolina county GOP fundraiser tonight, state Democratic Party Chairman Dick Harpootlian let loose on a conference call just now.  —  Kasie Hunt reports that Harpootlian …
Discussion: USA Today
Beau Hodai / In These Times:
Publicopoly Exposed  —  How ALEC, the Koch brothers and their corporate allies plan to privatize government.  —  On February 25, 2011, Florida State Representative Chris Dorworth (R-Lake Mary) introduced HB 1021.  The bill sought to curtail the political power of unions by prohibiting public employers …
Scott Baker / Breaking news and opinion on The Blaze:
MOVE TO TEXAS CONFIRMED: BECK ANNOUNCES HE WILL OPEN NEW RADIO & TV BROADCAST FACILITY IN DALLAS  —  Glenn Beck is moving to Dallas.  —  The news may not surprise his loyal listeners — the host has been dropping plenty of clues and for many months.  —  And there were a flurry of internet posts …
UPI:
McConnell: Casey Anthony verdict a warning  —  The Casey Anthony acquittal shows why U.S. civilian courts should not be trusted to handle terror-suspect cases, Senate Republican Leader Mitch McConnell said.  —  “We just found with the Caylee Anthony case how difficult is to get a conviction in a U.S. court …
Robert Bridges / Wall Street Journal:
A Home Is a Lousy Investment  —  Today's young people would be foolish to imitate their parents and view ownership as the cornerstone of personal finance.  —  At the risk of heaping more misery on the struggling residential property market, an analysis of home-price and ownership data …
 
 
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 More Items: 
Gschwarzcnn / CNN:
White House meeting was ‘constructive,’ McConnell says
Discussion: Politics
Michael A. Memoli / Los Angeles Times:
‘Eat our peas’: Pea growers react to Obama remark
Discussion: Althouse
rebelpundit:
Chicagoans Overwhelmingly Vote to Ban Palin, Beck & Coulter Books at Book Fair in Obama's Home Town
Bruce Horovitz / USA Today:
Free Slurpees come with a twist: They may cost you
Discussion: Life Inc.
Lauraklairmont / CNN:
American Sauce: Maybe the economy's not so bad?
Discussion: National Review
Tony Mauro / The BLT:
Bobblehead Alert: It's Clarence Thomas' Turn
G-A-Y / Good As You:
A ‘Tombstone’ award? Seriously, NOM?!
Discussion: ThinkProgress
 Earlier Items: 
Shawn Millerick / New Hampshire Journal:
Perry calling big name Republicans in New Hampshire
Sudeep Reddy / Real Time Economics:
Overtime, Not Wage Increases, Drive Income Growth
Discussion: ThinkProgress
William March / TBO.com:
Restaurateur enters U.S. Senate race
Discussion: Ballot Box and Hotline On Call
The Atlantic Online:
George R.R. Martin on Sex, Fantasy, and ‘A Dance With Dragons’
Discussion: ThinkProgress
Paul Krugman:
Monetary Rage  —  We had dinner last night with Margaret Ray …
Discussion: ThinkProgress
Phil Willon / Los Angeles Times:
‘South California’ for 51st state?
Discussion: The Snitch and Gawker
 

 
From Mediagazer:

Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024

 
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