July 2011

Jul 27, 2011

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

Jul 28, 2011

On the Radar: July 28, 2011

Would A Credit Downgrade Matter?
By David Wessel, The Wall Street Journal
A prediction, widely shared in Washington and on Wall Street: One month from now, Congress will have lifted the federal debt ceiling, the U.S. government will be paying its bills, the president will have signed a convoluted deficit-reduction law that defers decisions on benefits and taxes—and the U.S. will have lost its AAA credit rating. Read more

Wall Street's Letter To The President
By Eamon Javers, CNBC
The banks urge President Obama to reach an agreement that will ensure the nation continues to meet all of its financial obligations. Insight with Rob Nichols, Financial Services Forum president/CEO. Read more

No Way Out? Five Keys to Debt Deal
By Major Garrett, National Journal
Right now, Washington looks and feels stuck in "No Way Out" syndrome. It has nothing to do with that Cold War celluloid thriller and everything to do with ideology and inertia in the debt-ceiling debate. By all outward appearances, the dominant caucuses in Congress can be named “I Won’t” and “I Can’t.” Read more

The Political Angle Of The Debt-Ceiling Debate
By Doyle McManus, Los Angeles Times
It's not hard to see what a compromise solution on the debt ceiling would look like. It's just hard to see how we get there from here before the Treasury begins running out of money Aug. 2. Read more

President On Sidelines In Critical Battle Over Debt Ceiling
By Jackie Calmes, The New York Times
For an hour on Wednesday the White House press secretary, Jay Carney, fielded questions about what, if anything, President Obama was doing to help end the impasse in Congress over the imminent need to raise the nation’s borrowing limit. Read more

Debt-Crisis Vote Goes Down To Wire In House
By Naftali Bendavid and Carol E. Lee, The Wall Street Journal
The House was headed for a cliffhanger vote Thursday on a revised debt plan from Republican Speaker John Boehner that could go a long way in determining if the government's borrowing limit is raised in time to avoid a possible default next week. Read more

Record Number Of U.S. Troops Killed By Iranian Weapons
By Yochi J. Dreazen, National Journal
U.S. military commanders in Iraq say Iranian-made weaponry is killing American troops there at an unprecedented pace, posing new dangers to the remaining forces and highlighting Tehran’s intensifying push to gain influence over post-U.S. Iraq. Read more

Plan Would Keep Qaddafi In Libya, But Out Of Power
By Helene Cooper and John F. Burns, The New York Times
With Col. Muammar el-Qaddafi showing no signs, so far, of yielding to Western demands, diplomats from the United States, Britain and France have adopted a new tactic in recent days: offering the besieged leader the opportunity to remain in Libya if he dissolves the government and steps aside. Read more


Jul 29, 2011

On the Radar: July 29, 2011

GOP Torn By Sharp Divisions; Historic Deal Just Out Of Reach
By Charles Babington, Associated Press
Despite his image as a button-down Republican, House Speaker John Boehner walked to the brink of a dramatic and historic agreement to change the government’s spending habits.
Read more

House Vote On Boehner Bill Delayed
By Billy House and Susan Davis, National Journal
House leaders decided to delay a vote late Thursday on legislation authored by House Speaker John Boehner to reduce the deficit and raise the nation’s debt ceiling, acknowledging that it still lacked the votes needed for passage. Read more

Debt-Limit Vote Is Canceled In House As Boehner, GOP Leaders Struggle To Gain Votes
By Lori Montgomery and Paul Kane, The Washington Post
House Speaker John A. Boehner abruptly canceled a vote on his plan to lift the federal debt limit late Thursday after failing to persuade recalcitrant conservatives to back the measure and help him avert an economy-rattling default. Read more

Debt Vote Delayed -- Are All Bets Off?
By David Wessel, Alan Murray and Paul Vigna, The Wall Street Journal
WSJ's Alan Murray, David Wessel and Paul Vigna join the News Hub panel to report on the fluid situation in Washington after a scheduled on House Speaker John Boehner's debt-reduction plan was postponed. View

Vote On Boehner Plan Is Delayed
By Naftali Bendavid and Carol E. Lee, The Wall Street Journal
The House postponed a Thursday night vote on Speaker John Boehner's plan to raise the federal borrowing limit after he failed to stem a revolt by conservative GOP members. The delay left the credit status of the U.S. government in jeopardy with five days remaining before it begins running out of money to pay all its bills. Read more

Boehner, Hitting Another Wall On Debt Limit Plan, Calls Off Vote
By Christi Parsons, Lisa Mascaro and Kathleen Hennessey, Los Angeles Times
A revolt by conservative House Republicans stalemated efforts by the party's leadership to pass a bill raising the nation's debt ceiling Thursday night, with Speaker John A. Boehner and his aides calling off a scheduled vote after determining they were on the verge of a humiliating defeat. Read more

Republicans Race To Revive Debt Plan
By Eamon Javers, CNBC
CNBC's Eamon Javers has an update on the GOP racing to revive a vote. View

Debt Threat: Boehner Plan To Advance?
By John Harwood, CNBC
CNBC's John Harwood has the latest on the deficit debate and insight on whether a decision will be made this morning. View

Huntsman 'Not Ashamed To Be A Conservationist'
By Coral Davenport, National Journal
Speaking against a backdrop covered in green elephants, former Utah Gov. Jon Huntsman sought to thread the needle on Thursday at the Republicans for Environmental Protection’s Theodore Roosevelt banquet, balancing an appeal to moderate environmentalists while keeping his conservative bona fides intact. Read more

Thwarted Fort Hood Terror Attack Raises New Questions About Radicalism Within Military
By Yochi J. Dreazen, National Journal
Law enforcement authorities in Texas thwarted an attempted terrorist attack at Fort Hood, the military base that was the site of a 2009 rampage that left 12 soldiers dead. But Thursday’s arrest of Pfc. Naser Jason Abdo raises questions about what can be done to prevent troops from adopting—and acting on—violent Islamist beliefs. Read more