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Morning headlines: Monday, July 11

Here's a look at stories we're following right now. What are you reading this morning?Deficit: Obama to hold a.m.

Here's a look at stories we're following right now. What are you reading this morning?

Deficit: Obama to hold a.m. news conference today, after 75 minute gathering last night with congressional leaders

Panetta makes first visit to Baghdad as Defense Secretary, urges Iraqi government to increase pressure on Iranian-backed militias

UK hacking scandal: After "News of the World" publishes final issue, report says 9/11 victims may have had mobiles tapped; Britain's Labor Party promies to block Murdoch's $12 billion takeover of BSkyB

Pawlenty questions Michele Bachmann's record as congresswoman, calling it 'non-existent' as Bachmann releases statement where she urges voters to ignore 'negativity'

As many as 40 killed in Mexico drug gang violence in 24 hour period

European Union calls for emergency meeting as Italy may face impending debt crisis