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11:55 AM ET, July 31, 2011


 Top Items: 
The Note:
Congressional Sources: Republicans and Democrats Reach Tentative Debt Deal  —  ABC News' Jonathan Karl (@JonKarl) reports:  —  Democratic and Republican Congressional sources involved in the negotiations tell ABC News that a tentative agreement has been reached on the framework of a deal …
Major Garrett /
Outlines of Debt Compromise Emerge  —  An announcement could come as early as Sunday afternoon.  —  Here are the outlines of a debt-ceiling deal that congressional leaders and the Obama White House are firming up in preparation for a possible announcement as early as Sunday afternoon.
The Note:
Caution on Capitol Hill: ‘Nothing Is Agreed to Until Everything Is Agreed to’  —  ABC News' Jonathan Karl reports:  —  There is caution on Capitol Hill about a tentative deal being reached.  —  As the mantra here goes, “nothing is agreed to until everything is agreed to.”
Jennifer Rubin / Washington Post:
A deal comes together  —  Two senior Republican offices have confirmed that while the outlines of a debt-ceiling deal are in place, no “paper” has been exchanged.  The agreement would take the country through the 2012 election, but the Boehner bill two-step cutting process would remain.
Gschwarzcnn / CNN:
McConnell: 'We're very close' to a deal  —  Washington (CNN) - Senate Minority Leader Mitch McConnell said Sunday that a deal to raise the debt ceiling is “very close.”  —  Appearing on CNN's “State of the Union,” the Kentucky senator said Republicans and Democrats “made dramatic progress” …
Discussion: Weasel Zippers
Brian Beutler / TPMDC:
Dems, GOP Float Eye-Popping Debt Limit Compromise  —  Very late on Saturday, multiple reports sketched out the framework of a debt limit compromise President Obama has struck with Senate Minority Leader Mitch McConnell (R-KY).  —  As noted here, the issue under contention was the design of a so-called …
Heidi Przybyla / Bloomberg:
White House, Republicans Said to Reach Tentative Deal on U.S. Debt Ceiling  —  The White House and congressional Republicans have found the framework of an agreement to increase the nation's debt ceiling that would raise borrowing authority through the next presidential election, a person familiar with the talks said late last night.
Josiah Ryan / The Hill:
Forty-three GOP senators pledge opposition to Reid debt-ceiling plan
The Note:
Reid Dismisses GOP Letter Against His Bill, Says His Bill Is ‘Only Game In Town’
David Rogers / The Politico:
Senate debt vote delay is sign of hope
Discussion: CNN
Stanley B. Greenberg / New York Times:
Why Voters Tune Out Democrats  —  Stanley B. Greenberg is the chief executive of Greenberg Quinlan Rosner, a polling company that works with center-left political parties in the United States and abroad.  —  BARACK OBAMA can't catch a break from the American public on the economy …
Maureen Dowd / New York Times:
Tempest in a Tea Party  —  SO I was chatting with Chris Coons, the new Democratic senator from Delaware who had a rare win over the Tea Party when he beat loony Christine “I've Dabbled in Witchcraft but I Am Not a Witch” O'Donnell in the midterms.  —  Coons is a smart guy who's alarmed …
Discussion: Reuters, Weasel Zippers and Althouse
Pete Kasperowicz / The Hill:
Rep. McCotter calls for a truce between Republicans, Tea Party
Matthew Yglesias / ThinkProgress:
Compromise In The Works  —  The rumored deals flying around Washington today all sound pretty bad.  And how could they not be?  The White House started with a position that: … But (1) and (3) were in significant tension.  The White House strategy for getting (3) was to persuade the public that (3) was the correct position.
Discussion: Grasping Reality …
Iran state media: Man spared punishment of blinding by acid  —  Tehran, Iran (CNN) — A man convicted of blinding a woman in an acid attack was spared an eye-for-an-eye punishment Sunday, minutes before the sentence was to be carried out, Iranian state media reported.
Discussion: Weasel Zippers
Suzy Khimm / Washington Post:
Why any debt-ceiling deal will squeeze the states  —  No matter how the debt-ceiling fight is resolved in Congress, it's going to end poorly for the states.  —  If the country defaults, the states will be plunged into an immediate financial crisis: Investor confidence in government assets across …
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 More Items: 
John Hinderaker / Power Line:
“Fiscally Responsible Punk Rock Music”
Discussion: The Gateway Pundit
Catherine Rampell / New York Times:
Sure Cure for the Debt Problem: Economic Growth
Discussion: Washington Monthly
Peter Schroeder / The Hill:
Moody's: Neither debt plan protects the nation's AAA rating
Discussion: and Vox Popoli
Andrew Ferguson / Weekly Standard:
Civility, Obama Style
Discussion: Power Line
 Earlier Items: 
Evan McMorris-Santoro / TPMDC:
Wisconsin GOPer Admits She Compared Public Schools To Nazi Germany
Discussion: FOX News Radio