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Morning EDition: July 26, 2011

07/26/11 11:40AM

Not surprisingly, reaction to and analysis of last night's speeches dominate today's political news. In the actual economy, however, there is no shortage of stories suggesting we're still in trouble even if we do raise the debt ceiling. Here's today's Morning EDition:TODAYThe Senate debates the debt ceiling this afternoon.BUDGETIs Aug. 2nd really a drop-dead deadline? Maybe not. It could be almost two weeks later. Yay? What the poll numbers say, and even if Obama is "winning," the debt battle is still hurting him on the economy.Sperling won't threaten veto of a short-term increase. read more