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Good morning…

The two sides are still far apart in the debt ceiling negotiations, and now House Speaker John Boehner and Senate Majority Leader Harry Reid are drawing up their own backup plans. But can either of them do what’s been impossible thus far – come up with a plan that can pass both the House and the Senate, and get the President’s signature? It looks increasingly grim. http://www.nytimes.com/2011/07/25/us/politics/25debt.html?ref=politics

And how long does Wall Street continue to believe the two sides will reach an agreement? Patience has to be wearing thin. http://www.politico.com/news/stories/0711/59784.html


Nevermind Wall Street’s patience – the American public is fed up like never before. New polls show both parties are reaching record lows in approval. http://fivethirtyeight.blogs.nytimes.com/2011/07/23/unfavorable-ratings-for-both-major-parties-near-record-highs/?ref=politics


We’ll also take a look at the horrific attacks in Norway, where police say a Christian right-winger blew up a government building in Oslo before going on a shooting rampage through a youth camp for aspiring left-wing politicians. More on the suspect from the New York Times:


Finally, the marriage rush. Yesterday was the first day same-sex couples were legally allowed to get married in New York. And the day turned into a statewide celebration. http://www.nytimes.com/2011/07/25/nyregion/after-long-wait-same-sex-couples-marry-in-new-york.html?_r=1&ref=politics




Hardball - Let Me Start

Let Me Start...