- Team Romney leaks word of a big second-quarter haul: $15-20 million, and another $10 million or so to his Super PAC.
- The Fed cuts swipe fees in half, but just about doubles what they initially announced they’d cut the limit to with little explanation. The banks may have failed to get their way with Congress on this one, but lobbying the Fed apparently worked out just fine.
- That the debt ceiling negotiations have suddenly gone public is an ominous sign.
- Also somewhat disconcerting: Eric Cantor is short Treasury bonds.
- One important way the debt ceiling is different from regular legislation: Sooner or later, it will be raised.
- Senate votes to limit nominees requiring confirmation.
- Little Rhody gets civil unions.
- California’s miracle budget.
- Mark Penn finds Americans are bummed.
- The Senate may work through the July 4 recess. They haven’t done that since Watergate.
- And politicians are always getting cease and desist letters from rock stars.
Morning Must Reads: Disconcerting
Related Topics: Must Reads
-
Latest on Swampland
Obama’s Persuasive Powers on Gay Marriage Manifest in Maryland
When President Obama endorsed gay marriage earlier this month, the media grappled with two basic political questions: Was his personal “evolution” a case of a politician transparently following a national trend toward accepting same-sex unions (accelerated, perhaps, by his chatty No. 2), and would it hurt his re-election chances by alienating socially conservative voters like black churchgoers? Sure, there was a recognition that it marked a gratifying moment for gay-marriage advocates — as well as some grumbling about the President’s view that it remains a state issue, not a federal one. But by and large, there were few suggestions that one man, even the President, would shift public opinion on the issue or affect public policy. Based on a new Public Policy Polling survey out of Maryland, it seems this possibility was underestimated.
From our PartnersLewis Eisenberg, Major Romney Donor, Accuses Obama Of Demonizing Wall StreetHuffPost Politics
- Twice-Told TalesSlate
- Mitt Romney's $11.7 Million Raised In April Isn't The Whole PictureHuffPost Politics
Cherokee Zero
Apparently, Massachusetts voters don’t mind that Elizabeth Warren foolishly identified herself as a Native American early in her academic career–it was, apparently, a case of family pride and wishful thinking about a Cherokee ancestor. That’s good. Warren may be the best public figure when it comes to explaining the depredations of the financial industry and [...]
