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2:15 PM ET, July 30, 2011

memeorandum

 Top Items: 
The Hill:
Reid alters debt plan to win GOP support  —  Senate Majority Leader Harry Reid (D-Nev.) has revised his plan to raise the debt limit in a last-ditch bid to attract Republican support.  —  The biggest change is that Reid would give the president almost unilateral power to raise the debt limit …
RELATED:
Jamie Klatell / The Hill:
Kyl: Dems using debt debate for ‘much broader tax increases’  —  Republicans have tried to work with Democrats to solve the debt crisis, but “behind the scenes” Democrats insisted on hug tax increases, Sen. Jon Kyl (R-Ariz) said Saturday.  —  “Unfortunately, after weeks of negotiations …
Discussion: CNN, Hullabaloo and Hot Air
Brian Beutler / TPMDC:
Reid Aims For GOP Support By Adopting McConnell Debt Limit Plan Fallback Plan  —  The Senate adjourned late Friday night without an agreed-upon framework for raising the debt limit.  Shortly before this, a source passed to TPM a blueprint of what Democrats hope will be the way out of this imbroglio.
Bob Cusack / The Hill:
Days after lauding McConnell, Democratic leaders rip him  —  Four days after publicly praising Senate Republican Leader Mitch McConnell (Ky.), Senate Democratic leaders are now ripping him.  —  The Democrats' comments about McConnell at an impromptu press conference late Friday night signaled …
Ezra Klein / Washington Post:
The trigger that could lead to a debt deal  —  It's all going to come down to the trigger.  —  Look closely at the Reid and Boehner bills.  The first round of cuts are pretty much the same.  The joint congressional committee charged with recommending further deficit reduction is pretty much the same.
Rosalind S. Helderman / Washington Post:
Senate headed for critical debt vote Sunday
The Hill:
Senate quickly tables Boehner debt plan
Alexander Bolton / The Hill:
Intense talks under way between Senate Dems, GOP on debt deal
John Hinderaker / Power Line:
Over to You, Harry  —  Thankfully, the House passed Boehner 3 tonight, 218-210.
Discussion: Viking Pundit and The Hill
Manu Raju / The Politico:
Scott Brown may support Reid plan
Mj Lee / The Politico:
Obama demands plan by Tuesday  —  Just days ahead of the Aug. 2 debt ceiling deadline and as partisan rankling continued on Capitol Hill, President Barack Obama urged Congress to show him a plan that would divert the country from national default by Tuesday.
RELATED:
The White House:
WEEKLY ADDRESS: Acting Responsibly on Behalf of the American People  —  WASHINGTON—In this week's address, President Obama urged both Republicans and Democrats to take action to avoid defaulting for the first time in our nation's history.  While the two parties are not far apart in their goals …
Bloomberg:
Congress Deadlocked on Plan to Avert Default
Discussion: The Atlanta Post
Gautham Nagesh / The Hill:
Obama: House Republicans wasted ‘precious days’ with Boehner plan
Discussion: The Hill
The Politico:
The no votes: 22 GOPers who balked Boehner  —  Speaker John Boehner pushed his debt-ceiling bill through the House Friday night with the support of 218 Republicans.  Here are the 22 no votes: Mick Mulvaney (S.C.)  —  CORRECTED: Rep. Tom Price (R-Ga.) voted YES on the Boehner bill.
RELATED:
Pete Kasperowicz / The Hill:
Boehner: ‘I stuck my neck out a mile’ for debt-ceiling deal with White House
CNN:
Huntsman makes his pitch to college students
Discussion: The Politico and The Note
Paul Krugman:
The Corrosion of the Conservative Economic Mind  —  First Michael Boskin, now John Taylor: there seems be an epidemic of politically conservative economists who used to be technically competent repeating the obviously wrong falsehood that Reagan ushered in an era of “unprecedented” growth.
Paul Krugman:
The Truth About Federal Spending  —  Whenever someone like me or Bruce Bartlett points out how little Obama resembles the right's portrait of a raging leftist, someone is sure to come back with the assertion that Obama has presided over a vast expansion of federal spending.
Victor Davis Hanson / National Review:
Behind the D.C. Slugfest  —  About 50 percent of taxpayers don't pay federal income taxes.  Almost half of American adults receive either the majority of or all of their income in some form from government.  They are naturally desirous of even more entitlements, in the sense that even higher taxes …
Discussion: Pundit & Pundette
Anjali Mullany / NY Daily News:
President Barack Obama takes debt battle to Twitter, loses more than 40,000 followers in one day  —  President Obama brought his debt battle to Twitter and he lost - more than 40,000 Twitter followers.  —  Obama asked Americans Friday to call, email, and tweet Congressional leaders to …
RELATED:
Noel Sheppard / NewsBusters.org:
Charles Krauthammer Scolds Margaret Carlson for Saying Tea Party ‘Strapped Explosives to the Capitol’  —  Bloomberg's Margaret Carlson on Friday accused the Tea Party of wanting “to burn the place down” and having figuratively “strapped explosives to the Capitol” during debt ceiling negotiations.
Discussion: Don Surber and The Gateway Pundit
The Politico:
Washington's warring weekend: Dueling votes, parties and loyalties  —  Sen. Saxby Chambliss (R-Ga.), a close friend of the speaker and member of the bipartisan Gang of Six deficit-reduction group in the Senate, could yet be a factor.  Sen. Mark Warner (D-Va.), also one of the six …
Discussion: John Boehner
Dan Amira / New York Magazine:
Bill Maher on the Controversial Ground Zero Cross: Remember Norway?  —  A cross of steel beams that remained among the rubble of the World Trade Center after the 9/11 attacks, and which became a beacon of hope for Christian rescue workers and mourners, has now become a symbol of controversy …
 
 
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 More Items: 
Felix Salmon:
How insurance improves living standards
Discussion: Paul Krugman
esa.doc.gov:
Economic Indicators: 2011 Q2 GDP and Annual Revisions
Discussion: ThinkProgress
Steven Hayward / Power Line:
After the Crash? Or Before the Deluge?
Neel Kashkari / Washington Post:
Could a U.S. debt downgrade trigger a financial crisis?
Discussion: Politics
Molly Ball / The Politico:
Jesse Jackson: Obama should have been tougher
Discussion: Weasel Zippers
 Earlier Items: 
Anthony Shadid / New York Times:
Islamists Flood Square in Cairo in Show of Strength
Robinson / nation.foxnews.com:
New York Times Downplays Muslim Fort Hood Terror Plotter
Little Green Footballs:
Pamela Geller Edits Post to Conceal Violent Rhetoric in ‘Email from Norway’
Discussion: Atlas Shrugs and American Power
Larry O'Connor / Breitbart.tv:
Rep. Paul Ryan Destroys Reid Bill in Blistering Speech; 'Let's Cover the Moon with Yogurt!'
Discussion: Hot Air
Matt Lewis / The Daily Caller:
According to official letters obtained by The Daily Caller …