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4:15 PM ET, July 25, 2011

memeorandum

 Top Items: 
Ezra Klein / Washington Post:
Wonkbook: Republicans have won.  But can they stop there?  —  (YURI GRIPAS - REUTERS) We don't yet know what the final deal to raise the debt ceiling will be.  But now that Harry Reid is developing a proposal with $2.7 trillion in cuts and nothing in revenues, it's a safe bet that it won't include any tax increases.
RELATED:
Matthew Yglesias / ThinkProgress:
Harry Reid Calls House Republicans' Bluff  —  Something you often see in negotiations is a mismatch between one side's stated sticking points and its real sticking points.  In the debate over the debt ceiling, for example, Republicans have sought to portray themselves as having two bottom lines.
Nate Silver / FiveThirtyEight:
Speaker Boehner's Big Gamble  —  The Republican Speaker John A. Boehner, following the collapse of negotiations with President Obama, appears to be considering a path that would involve the House Republicans voting to raise the federal debt ceiling on their own terms, with little expectation of Democratic support.
Jennifer Rubin / Washington Post:
White House stokes debt-ceiling crisis  —  A Republican aide e-mails me: “The Speaker, Sen. Reid and Sen. McConnell all agreed on the general framework of a two-part plan.  A short-term increase (with cuts greater than the increase), combined with a committee to find long-term savings …
The Note:
Debt Debate: What are the Odds Congress Can Raise Debt Ceiling by Aug. 2?  —  ABC News' Jonathan Karl (@jonkarl) reports:  —  Democrats and Republicans are on a collision course this week over raising the debt ceiling.  At some point, somebody will need to back down, but right …
Chad Pergram / Fox News:
The Basics of Boehner's Debt Pitch to GOP Conference
David Kurtz / Talking Points Memo:   What To Expect Today  —  If you're shaking off the cobwebs …
Scott Shane / New York Times:
Killings in Norway Spotlight Anti-Muslim Thought in U.S.  —  The suspect behind the attacks in Norway said he believed multiculturalism to be a threat.  Here, mourners at Oslo Cathedral.  More Photos »  —  The man accused of the killing spree in Norway was deeply influenced …
RELATED:
Ross Douthat / New York Times:
A Right-Wing Monster  —  For many years, a quiz entitled “Al Gore or the Unabomber?” circulated on conservative Web sites.  The quiz juxtaposed passages from the former vice president's eco-manifesto “Earth in the Balance” with quotes from Theodore Kaczynski's critiques of industrial civilization …
William Saletan / Slate Magazine:
If Muslims are responsible for Islamic terrorism, are Muslim-bashers responsible for the massacre in Norway?  —  On Friday, anti-Islamist blogger Pamela Geller pounced on news of a massacre in Oslo.  “Jihad in Norway?” she asked.  She posted a second item—"You cannot avoid the consequences …
Discussion: Dean's World
Boris Johnson / Telegraph:
Anders Breivik: There is nothing to study in the mind of Norway's mass killer
BBC:
Norway gunman ‘has accomplices’
Niall Stanage / The Hill:
The Hill Poll: Most voters see media as biased and unethical  —  Likely voters hold a dismal view of the news media, generally regarding reporters as biased, unethical and too close to the politicians they purport to cover, according to a new poll for The Hill.
Reid J. Epstein / The Politico:
Steve King on default: Obama could be impeached  —  Rep. Steve King (R-Iowa) said Monday that President Barack Obama “would be impeached” if the nation falls into default.  —  “STOP talking about default,” he wrote on Twitter.  “The 1st dime of each $1 of revenue services debt.
RELATED:
Scott Keyes / ThinkProgress:
Rep. King Says Obama Will Be Impeached If Government Defaults
Discussion: Politics
Washington Wire:
Mike Ross, a Leading Blue Dog Democrat, to Leave the House  —  Rep. Mike Ross of Arkansas, a leader of the Blue Dog coalition of fiscally conservative Democrats, said Monday that he would not seek re-election, which could be good news for Republicans as they aim to pick up another seat in the 2012 elections.
Discussion: USA Today
RELATED:
Jessica Taylor / NationalJournal.com:
Rep. Mike Ross the Latest Blue Dog Dem to Not Seek Reelection
Cameron Joseph / Ballot Box:
Rep. Mike Ross to retire
Discussion: CNN
Ben Smith / Ben Smith's Blog:
Politics of a downgrade  —  A bond trader forwards on a note from Bank of America analysts today, anticipating a short term debt deal, likely followed at some point by a downgrade of America's bond rating from AAA to AA:  —  We expect the US credit rating to remain on negative outlook …
Discussion: Felix Salmon, Taylor Marsh and Politics
RELATED:
Paul Krugman:
Moody's Blues, Poor Standards, and the Debt
James Surowiecki / New Yorker:
SMASH THE CEILING  —  In the past few years, the U.S. economy has been beset by the subprime meltdown, skyrocketing oil prices, the Eurozone debt crisis, and even the Tohoku earthquake.  Now it's staring at a new problem—a failure to raise the debt ceiling, which would almost certainly throw the economy back into recession.
RELATED:
Felix Salmon:
How we got into this fine mess
Brian Goldsmith / The Atlantic Online:
Washington Isn't Broken, the Republican Party Is  —  Democrats have repeatedly sought a compromise deal on the debt.  Why blame the whole city for Republican intransigence?  —  Watching yesterday's Sunday shows was a reminder that, of all the bromides that are popular among D.C. pundits …
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 …
Christine Haughney / New York Times:
To Reach Simple Life of Summer Camp, Lining Up for Private Jets  —  Gov. Paul LePage of Maine happened to be waiting for his flight at Augusta State Airport on a recent Saturday when the weekend crush began.  —  A turboprop Pilatus PC-12 carrying Melissa Thomas, her daughter …
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 …
 
 
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 More Items: 
Fox News:
Feds Silent on How Convicted Felons Bought Guns in ‘Operation Fast and Furious’
Discussion: Hot Air, Pajamas Media and HotAirPundit
Rachel Weiner / Washington Post:
Newt Gingrich's personal finance report out: Tiffany's credit line closed
Discussion: GOP 12 and Indecision Forever
Mike Allen / The Politico:
Top Dem.: ‘If Boehner would just lead his caucus, this would have been over’ …
Glenn Blain / NY Daily News:
Anti-Gay Marriage Group Files Legal Challenge to New York's Law - UPDATED (2X)
Javier Manjarres / The Shark Tank:
Allen West Challenges Republican Party to Show Leadership
Washington Times:
CURL: Is Obama a pathological liar?
Clive Crook / Financial Times:
Washington is drowning America
Discussion: Paul Krugman and AMERICAN FUTURE
 Earlier Items: 
Daily Mail:
TIME LINE OF TERROR  —  1982 - SOUTH KOREA - Police officer …
Alexander Burns / The Politico:
Donald Trump mocks ‘tough guy’ Tim Pawlenty
Discussion: GOP 12 and Red Dog Report
Wall Street Journal:
‘What About the Journal?’ A Report from the Special Committee