- The Obama campaign and the DNC raised $86 million in the second quarter, more than twice the combined haul of the Republican presidential field. In a video, campaign manager Jim Messina told supporters the funds came from 552,462 donors who made average contributions of $69.
- There’s probably only one scenario where the debt ceiling talks end up helping the President get re-elected.
- The public still isn’t jazzed about an increase to the borrowing limit.
- Obama wants to know whom he’s working with:
Cantor, who is advocating a smaller deal, at one point demanded that Obama offer the details of his vision for a “grand bargain.”
“Where’s your paper?” he asked angrily.
Obama snapped back: “Frankly, your speaker has it. Am I dealing with him, or am I dealing with you?”
- Many conservatives don’t like McConnell’s cynical escape hatch proposal.
- Democrats hold on in California-36 special election.
- Wisconsin Dems defeat Republican plants, move toward state senate recall elections.
- The Fed is split on more monetary stimulus.
- Larry Summers bangs the drum for more fiscal stimulus.
- And Boehner’s long pause is disconcerting:
