|Friday Funnies at Reason|
- Megan MaCardle gives a run-down on what will happen if the ceiling is not raised
The Atlantic: What Happens If We Don't Raising the Debt Ceiling?
- Charles Krauthammer on the Boehner Plan
National Review: The Debt Ceiling Divide
Consider the Boehner plan for debt reduction. The Heritage Foundation’s advocacy arm calls it “regrettably insufficient.” Of course it is. That’s what happens when you control only half a branch. But the plan’s achievements are significant. It is all cuts, no taxes. It establishes the precedent that debt-ceiling increases must be accompanied by equal spending cuts. And it provides half a year to both negotiate more fundamental reform (tax and entitlement) and keep the issue of debt reduction constantly in the public eye.
- Thomas Sowell says it's time to deal
RCP: Ideals vs. Realities
- Eugene Volokh on using an executive order to raise the debt ceiling
Volokh Conspiracy: From Rep. James Clyburn on Executive Power
- Peggy Noonan says America has fallen out of love with Obama
WSJ: They've Lost That Loving Feeling
- Pew charts independents' flee from the president
Pew Research: Obama Loses Ground in 2012 Reelection Bid
- Economy grew only 1.3% in Q2
Economy in U.S. Grows Less Than Forecast After Almost Stalling