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Morning headlines: Thursday, July 7

07/07/11 05:56AM

Here's a look at stories we're following right now. What are you reading this morning?The president is reportedly now offering Social Security cutsHe'll be meeting with congressional leaders todayThe president's troop drawdown in Afghanistan will begin slowly, U.S. officials said on WednesdayRomney fundraising sparks GOP fearsMen are getting jobs faster than womenIt's not looking so good for News of the WorldThese new TSA warnings are pretty scary'Don't Ask, Don't Tell' ban must take effect, court rules read more

Buchanan on debt deal: 'Obama will fold'

07/06/11 12:58PM

Pat Buchanan, msnbc political analyst: "I tell ya: Obama will fold."Steven Rattner, financier: "Obama can't fold and have a serious budget deal."Buchanan: "He's gonna have a short-term deal."Wes Moore, US Army veteran and author: "Not only won't he fold, I would be very cautious on politically thinking that if at the end of the day a deal doesn't get done, then the blame will go to Obama."Buchanan: "You wanna put some money on that, Wes?" read more

Get ready to #askObama

Get ready to #askObama

07/06/11 10:42AM

The president will hold his first Twitter town hall today, and he'll be taking questions and firing back some answers.Jack Dorsey, Twitter co-founder, is moderating.Bloomberg points out that the town hall event, which starts at 2 p.m. EST, will focus on jobs and the economy. They write:...the question- and-answer session already has attracted posts on topics as diverse as small-business incentives and tax rates, women working in math and science, marijuana legalization, and Libya. read more

Must Read Op-Eds for July 6, 2011

07/06/11 10:31AM

Here are today's must read opinion and editorial columns.OBAMA'S ORIGINAL SIN  BY FRANK RICHNEW YORK MAGAZINEObama arrives at his reelection campaign not merely with a weak performance on Wall Street crime enforcement and reform but also with a scattershot record (at best) of focusing on the main concern of Main Street: joblessness. One is a consequence of the other. His failure to push back against the financial sector, sparing it any responsibility for the economy it tanked, empowered it to roll over his agenda with its own. read more

Incredible footage of Phoenix dust storm

07/06/11 09:53AM

Last night, a dust storm basically enveloped Phoenix. It was 50 miles wide and a mile high. Yeah. Pretty incredible.Some fearless soul thought it a good idea to drive into the heart of the beast and film the haboob.Watch him go from light to pitch black in a matter of seconds. Intense. read more

President Barack Obama makes a statement on the status of efforts to find a balanced approach to deficit reduction in the briefing room of the White House.

Top Talker: President Obama invites lawmakers to the White House for Budget Talks

07/06/11 09:43AM

 With a deadline just weeks away, President Obama is now rejecting calls for a short-term hike to the debt ceiling.  Making a rare appearance in the briefing room yesterday, the President invited leaders from both parties and chambers to meet with him on Thursday at the White House.  He challenged them to seize the moment and make a deal.  He said, “It’s my hope that everybody will leave the ultimatums at the door, that we’ll all leave our political rhetoric at the door and do what’s best for our economy and do what’s best for our people.”Less than an hour after the President’s invitation, Hou read more