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10:01 AM ET, July 28, 2022

memeorandum

 Top Items: 
Tony Romm / Washington Post:
Manchin says he has reached deal with Democrats on economy, climate bill  —  Sen. Joe Manchin III (D-W.Va.) on Wednesday said he had reached a deal with Democrats to advance economic legislation that aims to lower health-care costs, combat climate change and pay down the deficit.
RELATED:
Politico:
Manchin's latest shocker: A $700B deal  —  Joe Manchin and Chuck Schumer looked at loggerheads after their talks on a sweeping climate, tax and health care bill ran aground nearly two weeks ago.  In fact, they were working on Washington's best-kept secret.  —  On July 18, four days …
Washington Post:
SCOOP — Schiff makes moves in race to replace Pelosi  —  Good morning, Early Birds.  Tonight is the Congressional Baseball Game.  Will the climate activists still protest now that Sen. Joe Manchin (D-W.Va.) has agreed to add climate to their reconciliation bill?  Thanks for waking up with us.
Discussion: VICE, Politico and Fox News
New York Times:
Manchin, in Reversal, Agrees to Quick Action on Climate and Tax Plan  —  The West Virginia Democrat, a holdout on his party's domestic agenda, said the package would reduce inflation, a concern he had cited in rejecting it just weeks ago.  —  WASHINGTON — Senator Joe Manchin III of West Virginia …
Arthur Delaney / HuffPost:
Democrats Outsmart Mitch McConnell With Surprise Reconciliation Deal  —  The Kentucky Republican said the Senate wouldn't pass a computer chip bill if Democrats pursued budget reconciliation, but it did and they are.  —  WASHINGTON — Senate Minority Leader Mitch McConnell (R-Ky.) …
Ben White / Politico:
Bracing for the big reveal  —  HEY SIRI, DEFINE RECESSION — Set multiple alarms on your phone tonight.  Load your coffee maker with the strongest brew you've got.  And prepare at least six browser windows to feverishly refresh this Bureau of Economic Affairs website at precisely 8:30 …
Discussion: Politico
U.S. Senator Joe Manchin of West Virginia:
Manchin Supports Inflation Reduction Act of 2022
Thomas Phippen / Fox News:
Manchin deal ‘desperate attempt’ by Democrats to distract voters, says member of House Republican leadership
Discussion: The Hill, Washington Examiner and Vox
CNN:
In a major boost to Democrats, Manchin and Schumer announce deal for energy and health care bill
Tim Reid / Reuters:
Exclusive: Former Republicans and Democrats to form new third U.S. political party  —  Dozens of former Republican and Democratic officials will announce on Wednesday a new national political third party to appeal to millions of voters they say are dismayed with what they see as America's dysfunctional two-party system.
RELATED:
Washington Post:
Most third parties have failed.  Here's why ours won't.  —  David Jolly is a former Republican congressman from Florida and is executive chairman of the Serve America Movement.  Christine Todd Whitman is a former Republican governor of New Jersey and co-founder of the Renew America Movement.
Abha Bhattarai / Washington Post:
U.S. economy shrinks again in second quarter, reviving recession fears  —  The latest GDP reading comes at a time of mounting worries about the economy's resilience  —  The U.S. economy shrank again for a second straight quarter, at a 0.9 percent annualized rate, which has often signaled a recession.
Discussion: New York Times and CNN
RELATED:
Jeff Cox / CNBC:
GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal  —  U.S. economy shrank for second straight quarter at 0.9% in second quarter  —  The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule …
Paul Wiseman / Associated Press:
US economy shrank 0.9% last quarter, its 2nd straight drop  —  WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
Harriet Torry / Wall Street Journal:
U.S. GDP Fell at 0.9% Annual Rate in Second Quarter  —  The economy contracted after shrinking earlier in the year, held back by rising inflation and interest rates—marking a recession in many eyes  —  Why Consumer Confidence Is Key to Bringing Down Inflation
Christian Whiton / Super Macro:
RECESSION: Democrat Policies Tank Economy
Discussion: The Daily Caller
RELATED:
Elahe Izadi / Washington Post:
How local journalists proved a 10-year-old's abortion wasn't a hoax  —  Many doubted the story of a young rape victim who had to cross state lines for an abortion.  But journalists on the ground kept reporting.  —  It felt like half the country doubted the case existed.
Kyle Kondik / Sabato's Crystal Ball:
House Rating Changes: More Movement Toward Republicans  —  KEY POINTS FROM THIS ARTICLE  — We are making 10 House rating changes, 9 of which benefit Republicans.  — Our overall best guess at the net change in the House — a GOP gain somewhere in the 20s — remains unchanged.
Discussion: Opinion Today
ABC News:
Jan. 6 committee deepens probe into Trump cabinet: Sources  —  Ex-Treasury Secretary Steven Mnuchin recently sat an interview, sources said.  —  The House select committee investigating the Jan. 6 attack on the U.S. Capitol is working to secure testimony from a growing number of officials …
RELATED:
CNN:
January 6 committee engaging with Pompeo and deposition could happen as soon as this week
Discussion: HuffPost and Political Wire
New York Times:
The Fake Electors Scheme, Explained  —  The plan to reverse the outcome of the 2020 election by creating slates of electors pledged to Donald Trump in states he had lost was expansive, long-running and often confusing.  —  The brazen plan to create false slates of electors pledged …
Discussion: CBS News and Washington Post
RELATED:
Andrew C. McCarthy / New York Post:
Democrats are pressuring Merrick Garland to make an anti-Trump case he doesn't have
Discussion: The Daily Beast
Ashley Oliver / Breitbart:
Exclusive — Whistleblower: Same FBI Boss Who Shut Down Hunter Biden Dirt Also Pressured Agents to Juice Domestic Violent Extremism Stats  —  The same senior FBI agent who allegedly shut down investigative activity related to Hunter Biden also allegedly sought to pad the FBI's number of …
Shawna Chen / Axios:
Justice Thomas backs out of teaching fall seminar at GW law school  —  Supreme Court Justice Clarence Thomas has backed out of teaching a seminar at George Washington University's law school after calls to remove him from his position as adjunct professor.  —  Why it matters …
RELATED:
Zachary Blackburn / The GW Hatchet:
Clarence Thomas won't teach GW Law seminar
Aaron Keller / Law & Crime:
Former Covington Catholic Student Nick Sandmann Loses Defamation Lawsuits Against CBS, ABC, NYT, and Others  —  After years of politically charged litigation, former Covington Catholic High School student Nick Sandmann has lost a round of high-profile defamation lawsuits against five mainstream media companies …
Karl Rove / Wall Street Journal:
Where Do Trump's Donations Go?  —  He can't spend his PACs' millions on 2024 and isn't using much in midterms.  —  1x  —  What will Donald Trump do with his campaign cash?  —  The former president controls four political-action committees—Save America; Make America Great Again, Again!
Discussion: The Hill
Yuri Kageyama / Associated Press:
Japanese city alarmed by biting, clawing, attacking monkeys  —  TOKYO (AP) — People in a southwestern Japanese city have come under attack from monkeys that are trying to snatch babies, biting and clawing at flesh, and sneaking into nursery schools.  —  The attacks — on 58 people since July 8 …
Adam Wren / Politico:
It's official: The attack on McMorrow backfired.  —  The numbers are in and it's official: The attack on Democratic Michigan state Sen. Mallory McMorrow backfired.  —  The Michigan Republican state senator who falsely described McMorrow as a “groomer” in an April fundraising email raised less …
CNN:
CNN Exclusive: Biden administration offers convicted Russian arms dealer in exchange for Griner, Whelan  —  Washington (CNN)After months of internal debate, the Biden administration has offered to exchange Viktor Bout, a convicted Russian arms trafficker serving a 25-year US prison sentence …
RELATED:
Associated Press:
In rare contact, US offers Russia deal for Griner, Whelan
Washington Post:
Christopher Shea, Washington Post editor, dies at 53  —  At The Post, he assigned and edited hundreds of pieces that reflected his voracious consumption of politics, social science and popular culture  —  Christopher Shea, a Washington Post editor who specialized in assigning and editing news essays …
 
 
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 More Items: 
Jill Lawrence / USA Today:
Trump has never been patriotic or defensible. It shouldn't take a coup to figure that out.
Collin Anderson / Washington Free Beacon:
Stacey Abrams Can't Find a Georgia Cop Who Supports Her
Washington Post:
Adam Schiff is jockeying to lead House Democrats. It won't be easy.
Ben Lefebvre / Politico:
Falling gas prices blunt Republican campaign attacks
Discussion: The National Interest
CBS News:
Mick Mulvaney will testify Thursday before House Jan. 6 committee
 Earlier Items: 
CNN:
Two ex-officers who restrained George Floyd sentenced to 3 years and 3.5 years in federal prison
Miranda Devine / New York Post:
Hunter Biden's biz partner called Joe Biden ‘the Big Guy’ in panicked message after Post's laptop story
Discussion: The Scroll
Derek Saul / Forbes:
Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies
Will Bunch / The Philadelphia Inquirer:
America's real college debt: How we failed an entire generation
 

 
From Mediagazer:

Ashley Carman / Bloomberg:
Spotify Q1: revenue up 20% YoY to €3.6B, MAUs up 19% to 615M, vs. 617.9M est., subscribers up 14% to 239M, and a €168M operating income; SPOT closes up 11.41%

Chris Morris / Fortune:
Taylor Swift's new album smashed streaming records; Spotify says it had 300M+ streams on launch day and became 2024's most-streamed album within just 12 hours

Amy Graff / SFGATE:
KQED, a Bay Area NPR and PBS affiliate, is initiating buyouts, and may have layoffs or a hiring freeze; in 2023, revenue hit $90.4M and expenses $100.9M
 
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