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9:05 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:
John Hayward / Human Events:
Barack the Mad  —  The American presidency comes off the rails.  —  On Friday, right after his Democrat colleagues in the Senate used a procedural maneuver to kill the Cut, Cap and Balance Act without a real vote, President Obama held a town hall meeting at the University of Maryland …
Rita Nazareth / Bloomberg:
U.S. Stock Futures Decline After Lawmakers Fail to Reach Debt-Ceiling Deal  —  U.S. stock futures fell, indicating the Standard & Poor's 500 Index will slump after rallying within 1.4 percent of a three-year high, as failure to raise the federal debt limit intensified concern of a default.
Judd Legum / ThinkProgress:
Cantor Opposed Short-Term Debt Ceiling Increase, Now Calls Obama's Opposition to Short-Term Increase ‘Indefensible’  —  Today, Speaker John Boehner told the House GOP caucus that he is preparing a short-term bill that would raise the debt ceiling for about six months, despite Obama's pledge to veto such a measure.
David Rogers / The Politico:
Boehner, Reid key to path out of debt crisis
Discussion: Washington Monthly
Susan Crabtree / TPMDC:   Boehner Urges GOPers To ‘Stick Together’ As He Works On A Compromise
Washington Wire:
Live Blog: The U.S. Debt Battle
Discussion: MarketBeat, RedState and Politics
David Dayen / Firedoglake:
CNN: Reid Working on His Own All-Cuts Debt Limit Proposal
The Hill:
Boehner expects to have proposal Monday; Reid, Pelosi meet Obama
Lori Montgomery / Washington Post:
Debt-limit compromise elusive as separate strategies take shape in House, Senate
The Politico:
No debt deal in sight, parties go separate ways
Discussion: Outside the Beltway
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 …
RELATED:
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, Nancy Pelosi calls for ethics investigation
Discussion: Power Line and Associated Press
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 …
Newsweek:
The Maid's Tale  —  She was paid to clean up after the rich and powerful.  Then she walked into Dominique Strauss-Kahn's room—and a global scandal.  Now she tells her story.  —  “Hello?  Housekeeping.”  —  The maid hovered in the suite's large living room, just inside the entrance.
RELATED:
ABCNEWS:   Dominique Strauss-Kahn Accuser Speaks Out in Exclusive ABC News Interview
Alexander Burns / The Politico:
Michele Bachmann launches scathing attack on Tim Pawlenty  —  In a statement just released from her presidential campaign, Michele Bachmann delivers a harsh counterattack on her former home-state governor, hitting back at his charge that she lacks the experience to be president and blaming Tim Pawlenty for a …
RELATED:
Tommy Christopher / Mediaite:
Debate Clucker Tim Pawlenty Asks Candy Crowley ‘Is President Obama Chicken?’
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.
Discussion: Prairie Weather
RELATED:
Paul Krugman:
Means-testing Medicare
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 …
Discussion: GOP 12 and Outside the Beltway
Kristen Wyatt / Associated Press:
Norway suspect borrowed from Unabomber's manifesto  —  DENVER (AP) — Parts of the manifesto written by the suspect in Norway's terrorist attack were taken almost word for word from the writings of “Unabomber” Ted Kaczynski.  —  The passages copied by Anders Behring Breivik appear in the first few pages of Kaczynski's manifesto.
Discussion: New York Times and Weasel Zippers
RELATED:
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: 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.
Simonhernandezarthur / CNN:
Obama cancels fundraisers amid debt negotiations  —  Washington (CNN) - A campaign official for President Barack Obama tells CNN the president has cancelled two political fundraising appearances Monday night because of the debt ceiling situation.  —  The president's week-ahead schedule …
Discussion: Weasel Zippers
 
 
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 More Items: 
Nick Rowe / Worthwhile Canadian Initiative:
Do Keynesians believe their own models?
Discussion: EconLog
Teresa Tritch / New York Times:
How the Deficit Got This Big
Discussion: Pirate's Cove
 Earlier Items: 
CBS News:
“Face the Nation” transcript: July 24, 2011
Discussion: Crooks and Liars and The Hill
Mike / Rortybomb:
The Activist Ratings Agencies and Their Poor Public Sector Predictions
Matt Schneider / Mediaite:
Chris Matthews Show Panelist: Obama In 2008 Was ‘Hope,’ In 2012 He'll Use ‘Politics Of Fear’