Harry Reid calls Cantor “childish”, says “House Majority Leader Eric Cantor has shown he shouldn’t be at the table and Republicans agree he shouldn’t be at the table.”
Yahoo News documents the stories of the long-term unemployed. As TPM alum Zack Roth, who wrote the piece, put it to me: “Even if you feel like you already understand the problem, which I did, it’s still pretty eye-opening to hear about …” Take a look.
The Facebook and Twitter extensions on Google+ pose a security risk.
Rupert and his son James Murdoch have declined to testify before the British Parliament’s Select Committee investigating the phone hacking scandal.
When you’re in the midst of extended, hard-fought negotiations and discover the other side has been negotiating in bad faith, do you (a) forgive and forget; (b) retract your own previous concessions; or (c) walk away from the table?
As it became publicly apparent this week Republicans were not acting in good faith in the debt ceiling negotiations — so apparent that even deep denial about the previous strong evidence of bad faith was no longer a sufficient buffer to reality — I was curious which of those strategies the White House would choose. Read More
Rep. Pete King (R-NY) calls on FBI to probe Murdoch’s News Corp over claims of hacking the phones of 9/11 victims.
Obama to GOP leaders on debt ceiling: “This may bring my presidency down, but I will not yield on this.”
Reports coming in that today’s two-hour debt ceiling negotiation session at the White House ended abruptly.
Dem source tells us reports of Obama walking out of the meeting way overblown.
Sen. Chuck Schumer (D-NY) on Moody’s putting U.S. credit rating under review for possible downgrade:
This is a reminder that the deadline for these negotiations may not be as far away as August 2 or even July 22. It’s whenever the credit markets decide it is. We need to come to an agreement immediately because the irreversible consequences of a potential rating downgrade could occur ahead of an actual default.
More here.
Extra-ethical provocateur James O’Keefe tells supporters: send me money and I’ll break story about public employees cavorting with drug dealers and terrorists.