On the Radar: July 27, 2011

Boehner To Rewrite Debt-Limit Bill
By Major Garret and Susan Davis, National Journal
House Speaker John Boehner will rewrite sections of his debt-limit extension bill in response to the Congressional Budget Office's score that the original plan falls short of its advertised $1 trillion in savings. Read more

Party Loyalty Brings U.S. Debt Talks To Precipice
By Jeanne Cummings and Mark Niquette, Bloomberg
President Barack Obama told the nation in his July 25 televised speech that Washington “is a city where ‘compromise’ is becoming a dirty word.” Read more

Debt Talks: Lot of Show, Progress a No-Go
By David Wessel, The Wall Street Journal
WSJ's Alan Murray and David Wessel join the discussion about talks to raise the nation's debt ceiling before the Aug. 2 deadline. President Obama and House Speaker John Boehner outlined their causes Monday night. View

Will Obama Veto Boehner's Plan?
By Eamon Javers, CNBC
CNBC's Eamon Javers with the latest details on the White House threat to veto Boehner's new debt plan. View

Boehner, Reid Scramble To Build Support For Rival Debt-Limit Plans
By Lori Montgomery, Felicia Sonmez and Paul Kane, The Washington Post
Washington barreled closer to crisis Tuesday as House Speaker John A. Boehner and Senate Majority Leader Harry M. Reid scrambled to build support for rival plans to control the national debt, but both appeared doomed without significant bipartisan modifications. Read more

Daley Says Chamber Support Of Boehner Plan ‘Political Statement’
By Julianna Goldman and Mike Dorning, Bloomberg
White House Chief of Staff Bill Daley dismissed the U.S. Chamber of Commerce’s backing of a House Republican plan to raise the debt limit in two stages as a “political statement” by the nation’s biggest business lobby. Read more

Republican Debt Plan Struggles In House
By Christi Parsons, Peter Nicholas, Lisa Mascaro and Kathleen Hennessey, Los Angeles Times
A go-it-alone House Republican plan to raise the nation's debt ceiling teetered on the edge of failure late Tuesday as leaders struggled to rally reluctant lawmakers and to make last-minute changes to curry conservative support. Read more

Former Cheney Aide Addington, Now At Heritage, Driver in Debt Debate
By Yochi J. Dreazen, National Journal
With the United States moving closer to a historic debt default, both parties are bringing out the big guns. Democrats have senior administration officials like Treasury Secretary Tim Geithner warning that a failure to strike a deal will push the fragile economy back into recession. Republicans have prominent conservative economists like former Congressional Budget Office Director Douglas Holtz-Eakin arguing that any deal should primarily involve spending cuts. Read more

Al Qaeda Threat: Somalia Cell With U.S. Ties
By Pierre Thomas, ACB News
Pierre Thomas reports on the terror cell that may hold American passports. View

Posted: Wed, 07/27/2011 - 12:00am