HEADLINES
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As the high-stakes negotiations with Congress to avoid default have bogged down, Obama has taken his case to the public with increasing urgency.
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Wu announced that he will resign after a report stated that he engaged in an "unwanted sexual encounter."
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Weeks before Bachmann called for dismantling federal loan programs, she signed for a $417,000 home loan.
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Huntsman hopes to energize his flagging bid for the GOP presidential nomination.
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Blue Dogs are retiring at a rapid clip. Is this breed going extinct?
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BEHIND THE GOVERNMENT SHOWDOWN
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QUOTE OF THE DAY
Ovide Lamontagne, a New Hampshire conservative leader, on Huntsman's presidential campaign thus far:
"Although he's got some staff presence, I'm not seeing any opinion leaders in New Hampshire circling around his campaign and committing to it. It seems like there's a lot of groundwork being laid, but not a lot of progress, at least not publicly."
COMMENT OF THE DAY
spectator1, on David A. Fahrenthold's "What happened to the art of the deal?" story:
In order to make a deal, there must be a meeting of the minds. It's not enough for each side to compromise over particulars, there must be some fundamental agreements about what constitutes a worth while outcome. Here, there is not such agreement between those who have the authority to make an agreement.
Q&A DISCUSSIONS
Jonathan Capehart was online at 1:30 p.m. ET to discuss debt-ceiling drama:
Q: Have u asked any republican why they had no problem voting for debt increases in the past, but can't seem to do so now? Is my government more beholden to Grover Norquiest than "WE the PEOPLE"?
Jonathan Capehart:
Keep in mind, there is a new Republican majority in the House. The 87 freshmen who wield enormous clout weren't there during the run-up in deficit spending. They were elected because of voter outrage over said spending. Now that they're there they believe their mission is to truly change Washington — no matter what.
» View full Q&A session
MULTIMEDIA
Video: President Obama's full remarks on deficit
President Obama told Americans the nation faced a 'deep economic crisis' if Democrats and Republicans could not reach a deal on spending, urging both sides to compromise. (July 25)
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