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11:15 AM ET, July 25, 2011

memeorandum

 Top Items: 
Jennifer Rubin / Washington Post:
EXCLUSIVE: What Boehner said to the caucus  —  From a source familiar with the call, this is what House Speaker John Boehner told House Republicans on Sunday: … That suggests to me that the House Republicans will pass a bill, send it to the Senate and let the Democrats decide if they want to send the country into default.
RELATED:
Ezra Klein / Washington Post:
Wonkbook: Republicans have won.  But can they stop there?  —  (YURI GRIPAS - REUTERS) We don't yet know what the final deal to raise the debt ceiling will be.  But now that Harry Reid is developing a proposal with $2.7 trillion in cuts and nothing in revenues, it's a safe bet that it won't include any tax increases.
Jennifer Rubin / Washington Post:
White House stokes debt-ceiling crisis  —  A Republican aide e-mails me: “The Speaker, Sen. Reid and Sen. McConnell all agreed on the general framework of a two-part plan.  A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings …
Alexander Bolton / The Hill:
Bill would force Obama to pay Social Security, military if US defaults  —  Tea Party conservatives hope to make a push on the House floor to force President Obama to avoid a national default if Congress fails to raise the debt limit.  —  Members of the Senate Tea Party Caucus have met …
First Read / msnbc.com:
First Thoughts: Finger-pointing, posturing, and politics  —  Another week of finger-pointing, posturing, and politics?... Boehner to introduce his $3 trillion two-step plan at 2:00 pm ET ($1.2 trillion in cuts for a temporary debt-ceiling extension, following by a bipartisan committee to come …
Discussion: Washington Post and Mother Jones
Nate Silver / FiveThirtyEight:
Speaker Boehner's Big Gamble
Matthew Yglesias / ThinkProgress:
Harry Reid Calls House Republicans' Bluff
Discussion: TPMDC and Talking Points Memo
Robert Stacy McCain / The Other McCain:
BLACK MONDAY? Obama's Debt-Ceiling Crisis Strategy Could Sink Wall Street
Discussion: RedState and The Hill
Russell Berman / The Hill:
Reid to offer $2.7T deficit cutting plan
Rita Nazareth / Bloomberg:
U.S. Stock Futures Decline After Lawmakers Fail to Reach Debt-Ceiling Deal
Lori Montgomery / Washington Post:
Debt-limit compromise elusive as separate strategies take shape in House, Senate
Stephen Dinan / Washington Times:
Two sides craft debt plans before deadline
Susan Crabtree / TPMDC:
Boehner Urges GOPers To ‘Stick Together’ As He Works On A Compromise
Discussion: Firedoglake and The Note
Thomas Beaumont / Associated Press:
New Jersey's Christie casts shadow over Iowa, 2012
Discussion: GOP 12 and Taegan Goddard's …
RELATED:
John Hinderaker / Power Line:
In Defense of Blond Norwegians
Discussion: Elder of Ziyon
Joshua Foust / The Atlantic Online:
Why the European Right Can't Be Blamed for the Attacks in Norway
Kristen Wyatt / Associated Press:
Norway suspect borrowed from Unabomber's manifesto
Discussion: Weasel Zippers
Bruce Bawer / Wall Street Journal:
Inside the Mind of the Oslo Murderer
Discussion: Towleroad News #gay
The Politico:
Wu won't resign; Pelosi seeks probe  —  Embattled Rep. David Wu will not seek reelection in 2012, but he won't resign from office now despite allegations that the Oregon Democrat had an “unwanted sexual encounter” with the teenage daughter of a close friend last Thanksgiving.
RELATED:
Charles Pope / Oregonian:
Rep. David Wu won't resign, won't run again, will face ethics investigation
Charles Pope / Oregonian:
Rep. David Wu won't resign, Nancy Pelosi calls for ethics investigation
Daniel Frankel / Yahoo! News:
Palin doc headed for PPV as ticket sales plummet  —  LOS ANGELES (TheWrap) - With its Sarah Palin documentary “The Undefeated” increasing its playdates by 40 percent this weekend, only to watch box office revenue decline by more than 63 percent, distributor Arc Entertainment announced Sunday …
Dan Pfeiffer / White House.gov Blog:
Some Republicans in Congress Once Argued Against Short-Term Solutions - They Were Right  —  Despite warnings that a short-term extension could lead to a credit downgrade and higher interest rates resulting in a tax increase on every American, Republicans in Congress continue to push for a …
RELATED:
Niall Stanage / The Hill:
The Hill Poll: Most voters see media as biased and unethical  —  Likely voters hold a dismal view of the news media, generally regarding reporters as biased, unethical and too close to the politicians they purport to cover, according to a new poll for The Hill.
Real Clear Politics:
Rick Perry Eyes Late August Campaign Launch  —  Texas Gov. Rick Perry is all but certain to launch a presidential campaign and is nearing an announcement set for the second half of August, according to sources familiar with his political team's planning.  —  For months, Republican activists …
RELATED:
John DiStaso / unionleader.com:
Perry gives first NH interview
Discussion: ThinkProgress, The Caucus and GOP 12
Bunny Mellon / Newsweek:
The Secret-Keeper  —  On the eve of her 101st birthday, reclusive philanthropist Bunny Mellon, the wealthy zelig who cavorted with Kennedys and stood by John Edwards, talks exclusively to Meryl Gordon about life with Paul, her famous friends, and the secrets buried in her gardens.
The Hill:
Obama administration's charm offensive fails to win over business groups  —  The Obama administration's push to mend its relationship with business has gone cold only six months into the effort.  —  Complaints abound about the regulations pouring out of federal agencies to implement …
Discussion: Red Dog Report and Right Wing News
Karen DeYoung / Washington Post:
U.S. trucking funds reach Taliban, military-led investigation concludes  —  A year-long military-led investigation has concluded that U.S. taxpayer money has been indirectly funneled to the Taliban under a $2.16 billion transportation contract that the United States has funded in part to promote Afghan businesses.
Paul Krugman / New York Times:
Messing With Medicare  —  At the time of writing, President Obama's hoped-for “Grand Bargain” with Republicans is apparently dead.  And I say good riddance.  I'm no more eager than other rational people (a category that fails to include many Congressional Republicans) to see what happens if the debt limit isn't raised.
 
 
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 More Items: 
MG Siegler / TechCrunch:
Facebook's iPad App Is Hidden Inside Of Their iPhone App
Christian Heinze / GOP 12:
Huckabee adviser to consult on Santorum campaign
Discussion: Ben Smith's Blog
Christine Haughney / New York Times:
To Reach Simple Life of Summer Camp, Lining Up for Private Jets
Discussion: ThinkProgress and Gawker
Bloomberg:
Greece Credit Rating Cut Three Levels by Moody's
Discussion: americanthinker.com
 Earlier Items: 
Nick Rowe / Worthwhile Canadian Initiative:
Do Keynesians believe their own models?
Discussion: EconLog
Simonhernandezarthur / CNN:
Obama cancels fundraisers amid debt negotiations
Discussion: Weasel Zippers
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis

Jeff Jarvis / BuzzMachine:
The New York Times is broken, shown by its entitled, petulant reaction to Politico's report on its tense relationship with Biden

Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals

 
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