Check out Mini-memeorandum for simple mobiles or memeorandum Mobile for modern smartphones.
9:20 AM ET, August 1, 2011

memeorandum

 Top Items: 
RELATED:
Paul Krugman / New York Times:
The President Surrenders  —  A deal to raise the federal debt ceiling is in the works.  If it goes through, many commentators will declare that disaster was avoided.  But they will be wrong.  —  For the deal itself, given the available information, is a disaster, and not just for President Obama and his party.
Brian Beutler / TPMDC:
Reid Agrees To Major Debt Limit Deal — Here's What He's Signed Off On  —  Senate Majority Leader Harry Reid (D-NV) has signed off on a deal to raise the debt limit pending the approval of his caucus — and of course if can win the backing of Senate GOP leaders and then a majority of the House.
Steven T. Dennis / Roll Call:
Debt Deal Emerging With Rightward Tilt  —  President Barack Obama's rightward lurch to reach a $3 trillion deficit reduction deal with no guarantee of additional revenues had liberals fuming and Republicans all but declaring victory Sunday afternoon.  —  With time running out to reach …
New York Times:
Obama and Leaders Reach Debt Deal  —  WASHINGTON — President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government's borrowing limit.
Alexander Bolton / The Hill:
Reid, McConnell endorse deal, will present to rank-and-file Monday
Discussion: The Politico and Wonkette
Brian Beutler / TPMDC:
IT'S A DEAL! Obama, Congressional Leaders Announce Deal To Avoid Default
Discussion: Crooks and Liars and The Hill
Thomas Lane / Talking Points Memo:
Waiting To Exhale
Discussion: TPMDC and The Hill
Wall Street Journal:
Compromise Debt Deal in Sight
Chris Cillizza / Washington Post:
The debt-ceiling deal: Winners and losers  —  The debt ceiling fight is over.  The White House and congressional leaders have settled on a deal to raise the nation's debt ceiling, enact immediate spending cuts and, our favorite part, create a super-commission designed to trim the federal budget further by the end of the year.
RELATED:
Peter Wallstenand David Nakamura / Washington Post:
Did Obama capitulate — or is this a cagey move?  —  It was President Obama's bottom line, a position he repeated in every recent public utterance on his debt-ceiling talks with Congress: Any deal must be “balanced” with spending cuts and tax increases.  —  But in his eleventh-hour stare …
New York Times:
To Escape Chaos, a Terrible Deal  —  There is little to like about the tentative agreement between Congressional leaders and the White House except that it happened at all.  The deal would avert a catastrophic government default, immediately and probably through the end of 2012.
Greg Sargent / Washington Post:
GOP on verge of huge, unprecedented political victory  —  By all accounts, it looks like a deal is about to be announced in which the debt ceiling is hiked in exchange for the promise of major spending cuts, including to entitlements, totalling at least $2.4 trillion.
Wall Street Journal:
A Tea Party Triumph  —  The debt deal is a rare bipartisan victory for the forces of smaller government.  —  If a good political compromise is one that has something for everyone to hate, then last night's bipartisan debt-ceiling deal is a triumph.  The bargain is nonetheless better …
Washington Post:
White House, congressional leaders reach debt-limit deal  —  President Obama and congressional leaders Sunday night sealed a deal to raise the federal debt limit that includes sharp spending cuts but no new taxes, breaking a partisan impasse that has driven the nation to the brink of a government default.
Marc A. Thiessen / Washington Post:
How the Tea Party ‘hobbits’ won the debt fight  —  The Tea Party came under fire from all sides Friday after House conservatives nearly brought down Speaker John Boehner's debt-limit bill.  John McCain went to the Senate floor to mock Tea Partyers as “hobbits,” and Democratic Rep. Chris Van Hollen …
Discussion: The Politico, JustOneMinute and CNN
Ezra Klein / Washington Post:
A deal that found the lowest-common denominator  —  (Alex Wong - VIA BLOOMBERG) Assuming no hiccups in the House — and that might be a big assumption — we've got a deal.  The deficit-reduction side includes $1 trillion in cuts now, $1.5 trillion (or more) in deficit reduction later, and a vote on a balanced budget amendment.
RELATED:
James Pethokoukis:
Debt ceiling update: tax increases still a no-go
Imtiyaz Delawala / ABCNEWS:
PIMCO CEO Mohamed El-Erian: Budget Deal Will Only Bring Short-Term Relief  —  One of the most prominent global investors says that a potential budget deal in Washington will only bring short-term relief, and it won't remove the threat of a U.S. debt downgrade by credit rating agencies.
Discussion: Reuters and The Note
RELATED:
New York Times:
From Spending to Cuts, While the Economy Stalls
Discussion: The Caucus and Daily Kos
Rachelle Younglai / Reuters:
House Democrats might not back debt deal: Pelosi  —  (Reuters) - Democrats in the House of Representatives might decide not to support a last-minute deal to raise the debt ceiling when they meet on Monday, House Democratic Leader Nancy Pelosi said on Sunday.
RELATED:
Pamela Geller / Atlas Shrugs:
Summer Camp?  Antisemitic Indoctrination Training Center … The day of the Norway shooting, I was blindsided by one of the survivor's statements to the press immediately after the shooting (see above).  It was so outside the box, I thought it was the kneejerk response of an anti-semite in shock.
Jim McElhatton / Washington Times:
Biden charging Secret Service for cottage rental  —  The U.S. Secret Service does more than protect Vice President Joseph R. Biden Jr. — the agency also pays him rent.  —  Since April, Mr. Biden has collected more than $13,000 from the agency charged with protecting him and his family …
Kenneth P. Vogel / The Politico:
Ads tout Rick Perry as ‘better option’ for president  —  A new so-called super PAC supporting a prospective Rick Perry presidential campaign is going up Monday in Iowa with a statewide television buy touting the Texas governor as “a better option” for president.
Discussion: Don Surber and GOP 12
Julian Sanchez / New York Post:
Congress out to spy on your 'puter  —  If Congress had to name laws honestly, it would be called the “Forcing Your Internet Provider to Spy On You Just In Case You're a Criminal Act of 2011” — a costly, invasive mandate that even the co-author of the Patriot Act, Rep. James Sensenbrenner …
 
 
 Archived Page Info: 
This is a snapshot of memeorandum at 9:20 AM ET, August 1, 2011.

View the current page or another snapshot:


 
 See Also: 
memeorandum: site main
memeorandum River: reverse chronological memeorandum
memeorandum Mobile: for phones
memeorandum Leaderboard: memeorandum's top sources
 
 Subscribe: 
memeorandum RSS feed
memeorandum on Mastodon
 
 
 More Items: 
Nicholas Schmidle / New Yorker:
GETTING BIN LADEN
Sig Christenson / Houston Chronicle:
Some in Killeen worry they're a target
Discussion: This ain't Hell …
Frank Donze / New Orleans Times-Picayune:
Edwin Edwards is barely singed at 84th birthday roast
Discussion: Hotline On Call and RedState
Christian Heinze / GOP 12:
Palin film disappears at box office
Discussion: Taegan Goddard's …
Kevin G. Hall / McClatchy Washington Bureau:
Experts: Debt deal avoids tackling hard questions
Menzie Chinn / Econbrowser:
Tales from GDP revisions
Discussion: Grasping Reality …
Simonhernandezarthur / CNN:
Bachmann cuts Iowa swing short
CNNMoney.com:
Asian markets surge on ‘debt relief’
 Earlier Items: 
Robert / Jihad Watch:
New York Times concedes that Spencer and other anti-jihadists are not responsible for Norway murders
Directorblue / Doug Ross:
WARNING: Do not show this chart to a liberal (unless wearing headgear to protect you from a …
Voice of America:
Remake of history
Discussion: Weasel Zippers and Jihad Watch
MyFOX Detroit:
Agents Raid Wrong House in Sterling Heights
Gautham Nagesh / The Hill:
PIMCO chief: Deal won't prevent downgrading of US AAA credit rating
Salena Zito / Real Clear Politics:
White House's Over-the-Cliff Moment
Discussion: Hot Air and Tom Watson
 

 
From Techmeme:

Gaby Del Valle / The Verge:
NYC is partnering with Evolv, a weapons detection company that has faced scrutiny over its machines' accuracy, to test AI-based gun detectors on the subway

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
Mediagazer
 Top news and commentary for media professionals from all around the web
WeSmirch
 The top celebrity news from all around the web on a single page