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9:55 AM ET, December 7, 2010

memeorandum

 Top Items: 
Ezra Klein:
An imperfect, but not-that-bad, deal on the tax cuts  —  The White House and the Republicans are pretty close to a final deal on the Bush tax cuts.  Here are the specifics, though it's worth saying that as near as this is to completion, it's still not done, and so it could change:
RELATED:
New York Times:
Tax Deal Suggests New Path for Obama  —  WASHINGTON — President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed …
Ezra Klein:
Wonkbook: Everything you need to know about the Bush tax cut deal  —  I'll admit it: I didn't think they had it in them.  A temporary extension of the Bush tax cuts?  Sure, they could manage that.  Fear is a powerful motivator in Washington, and nothing scares politicians like the threat of a tax hike on their constituents.
Jennifer Rubin / Right Turn:
Obama sells out the left: a Republican win on taxes  —  There really is no other way to say it: the Republicans won, the liberal Democrats lost, and the president sided with the Republicans.  The subject, of course, is an agreement to extend all the Bust tax cuts.
Shailagh Murray / Washington Post:
Tax-cut deal reached between Obama, Republicans  —  President Obama and congressional Republicans agreed Monday to a tentative deal that would extend for two years all the Bush-era income tax breaks set to expire on Dec. 31, continue unemployment benefits for an additional 13 months …
The Politico:
Liberal Dems to Obama: Fight harder  —  Resentments between President Barack Obama and congressional Democrats that began simmering even before their mid-term disaster are nearing a boil on Capitol Hill, as liberals make clear that Obama's efforts to strike a lame-duck deal with Republicans …
Jake Tapper / Political Punch:
Senior White House Official: ‘We Wanted a Fight,’ too.  Congressional Dems 'Wouldn't Throw a Punch'  —  Vice President Biden heads to Capitol Hill today to lobby Senate Democrats to support the tax cut compromise, as President Obama faces criticism from congressional Democrats …
Discussion: Ezra Klein
Pat Garofalo / ThinkProgress:
Obama Agrees To Extend All Bush Tax Cuts And Cut Estate Tax In Deal With Republicans  —  The White House just announced that it has settled on the details of the deal it has been cooking up with Congressional Republicans over the coming expiration of the Bush tax cuts.
Peter Baker / New York Times:
In Tax Deal With G.O.P., a Portent for the Next 2 Years
Scott Wilson / Washington Post:
Obama's tax cut extension part of strategy to show bipartisanship
Joe Biden / Washington Post:   Obama: On the way to a failed presidency?
CNN:
Biden to defend tax deal on Capitol Hill
The Hill:   Republican ranks uneasy, await details
Jon Ward / The Daily Caller:
Obama and GOP reach deal on two-year extension of Bush tax cuts for all incomes
Andrew Samwick / Capital Gains and Games blogs:
If This Is Working Together, I'll Take Gridlock
Ezra Klein:
Why aren't the Democrats using reconciliation to pass the tax cuts?
First Read / msnbc.com:
‘Framework for a bipartisan agreement’ on tax cuts
New York Times:
Britain Arrests WikiLeaks Founder in Sex Inquiry  —  LONDON — Police in Britain arrested Julian Assange on Tuesday on a warrant issued in Sweden in connection with alleged sex offenses, British police officials said, the latest twist in the drama swirling around the anti-secrecy group and its beleaguered founder.
RELATED:
BBC:
Wikileaks founder Julian Assange arrested in London  —  Julian Assange denies sexually assaulting the two women  —  The founder of the whistle-blowing website Wikileaks, Julian Assange, has been arrested by police in London.  —  The 39-year-old Australian, who was the subject of a European arrest warrant …
Richard Pendlebury / Daily Mail:
The Wikileaks sex files: How two one-night stands sparked a worldwide hunt for Julian Assange  —  A winter morning in backwoods Scandinavia and the chime of a church bell drifts across the snowbound town of Enkoping.  Does it also toll for WikiLeaks founder Julian Assange?
Discussion: LewRockwell.com Blog
Matthew Weaver / Guardian:
WikiLeaks founder Julian Assange in court  —  • Julian Assange arrested and taken to magistrates court  —  • US attorney general Eric Holder pledges to stem leaks  —  • Latest cables reveal US plans to defend Baltic states  —  • Full coverage of the WikiLeaks cables
CNN:
Assange arrested in London on Swedish warrant
Sky News:
WikiLeaks Boss Assange Arrested In UK
Associated Press:
Elizabeth Edwards gravely ill with cancer  —  WASHINGTON (AP) — Elizabeth Edwards over the past six years has seen her husband's presidential ambitions thwarted, retreated from public life as their marriage disintegrated over his affair, then emerged to advocate for changes …
Discussion: WTVD-TV, TalkLeft and Balloon Juice
RELATED:
Wall Street Journal:
U.S. Unloads Citi Stake for a $12 Billion Profit  —  The U.S. Treasury sold the last of its Citigroup Inc. common shares in a $10.5 billion offering that capped the government's biggest bank bailout of the financial-market meltdown.  —  The stock sale, which was finalized Monday evening …
Discussion: msnbc.com and Taegan Goddard's …
Spencer Ackerman / Danger Room:
Afghans Fume as Petraeus Ramps Up Air War  —  The air war over Afghanistan has reached a post-invasion high.  Unfortunately for the U.S., Afghan anger over air strikes is soaring as well.  —  No group of people is going to be enthusiastic about a foreign power dropping bombs on their countrymen, as the Pakistanis can attest.
Discussion: Politics Daily
RELATED:
Associated Press:
Poll: Afghans' faith in U.S. dives as insurgents gain support
Discussion: Ian Welsh
Jerry Seper / Washington Times:
Panel finds Justice reluctant to take cases of white victims  —  The Justice Department stonewalled efforts by the U.S. Commission on Civil Rights to investigate the dismissal of a civil complaint against the New Black Panther Party, leaving open the question of whether the department is willing …
Ben Armbruster / ThinkProgress:
TX GOP Official Opposes Jewish House Speaker: Christians ‘Are The People That Do The Best Jobs’  —  Last month, several Tea Party activists formed a right-wing coalition to oust Rep. Joe Straus (R) as Texas House Speaker.  They began circulating emails with anti-Semitic messages against Straus, who is Jewish.
Drudge Report:
BIG SIS INVADES WAL-MART: ‘IF YOU SEE SOMETHING, SAY SOMETHING’  —  WASHINGTON — Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the expansion of the Department's national “If You See Something, Say Something” campaign to hundreds of Walmart stores across the country …
 
 
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 More Items: 
Condoleezza Rice / Wall Street Journal:
New Start: Ratify, With Caveats
Discussion: ThinkProgress
Jackson Diehl / Washington Post:
How WikiLeaks cables capture 21st-century Turkey
William Yong / New York Times:
Iran's Divorce Rate Stirs Fears of Society in Crisis
Discussion: National Review
New York Times:
U.S. Strains to Stop Arms Flow
Discussion: Elder of Ziyon
Patrick O'Connor / Washington Wire:
Rep. Lewis's Pitch to Head Appropriations Committee
Discussion: New York Times
Alan Cowell / New York Times:
19 Countries to Miss Nobel Peace Prize Ceremony
 Earlier Items: 
Mary C. Curtis / Politics Daily:
Obama Calls for a New ‘Sputnik Moment’ for America
Discussion: The Page
Ambrose Evans-Pritchard / Telegraph:
China's credit bubble on borrowed time as inflation bites
Daily Express:
BRITAIN IS FREEZING TO DEATH
Discussion: Althouse and blogs.telegraph.co.uk
Felix Salmon:
Chart of the day: U.S. taxes
Discussion: Firedoglake and Hullabaloo