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Click here to view in plain text. |  | Monday, August 1, 2011 | TODAY'S HIGHLIGHTS
White House, congressional leaders reach debt-limit deal
President Obama and congressional leaders sealed a deal to raise the federal debt limit late Sunday that includes sharp spending cuts but no new taxes, breaking a partisan impasse that has driven the nation to the brink of a potentially disastrous government default.
(By Lori Montgomery and Paul Kane)
Liberals, hawks are obstacles to debt deal's coalition
Congressional leaders spent Sunday surveying the contours of their caucuses to determine how many votes would be lost once the legislative details of the deal were unveiled.
(By Paul Kane and Rosalind S. Helderman)
Assessing Obama's moves
Did President Obama cave on the debt-limit deal — or is this a cagey move?
(By Peter Wallsten and David Nakamura)
A deal that found the lowest-common denominator
There are no compromises here.
(By Ezra Klein)
Big boon for Asian markets
Asian stock markets soared on news of a dealto raise the United States' borrowing limit, averting the possibility of a default two days ahead of a deadline for a deal.
(By Cezary Podkul)
POLITICS
Analysis: Bipartisan debt-limit deal means bipartisan opposition for Obama, Boehner
WASHINGTON — The newly struck debt-ceiling compromise between President Barack Obama and the Republican leaders of Congress represents a historic accomplishment of divided government, with all the disappointment that implies for the most ardent partisans inside the two major parties and out.
( Associated Press Associated Press , AP)
Obama is turning 50 but may miss birthday bash because of debt showdown with Congress
WASHINGTON — Turning 50 is hard enough. But it's got to be even harder when you're president, because the whole world knows about it, and harder still when one of life's milestones is nearly overshadowed by a nasty tussle with Congress over money.
( Associated Press Associated Press , AP)
Interest groups report big contributions
Interest groups linked to both parties revealed a bevy of financiers who wrote six- and seven-figure checks to back GOP and Democratic candidates in disclosure documents.
( by T.W. Farnam , The Washington Post)
Obama, Republicans seal deal to avert national default, raise federal debt limit, cut spending
WASHINGTON — Ending a perilous stalemate, President Barack Obama and congressional leaders announced a historic agreement Sunday night on emergency legislation to avert the nation's first-ever financial default.
( Associated Press Associated Press , AP)
A pious plea to resolve political gridlock
Over the past few days, the Senate chaplain's opening prayers have signaled an ever-increasing urgency on the need for action on the debt limit.
( by David Fahrenthold , The Washington Post)
STYLE
Ask Amy: Therapist's ethics have that bad fish smell
His wife's "professional psychologist" has made it clear that she accepts gifts; she also requested that his wife, a musician, perform at a party. Ethics much?
(, The Washington Post)
Hints From Heloise: Donating school supplies
Donating usable school supplies is an easy way to help out.
(, King)
A tough question from a small child
Estranged from his parents because they didn't want him to adopt a child, he now has to answer the child's questions about his grandparents.
(, The Washington Post)
Tommy Wells, insider out
The D.C. council member ran afoul of a powerful colleague, but a little distance might not be such a bad thing in the long run.
( by Vanessa Williams , The Washington Post)
TV highlights
What's on television on Monday, Aug. 1.
(, The Washington Post)
SPORTS
Weekend Sports in Brief
NEW YORK — Stuck in prison and his NFL career derailed, Plaxico Burress insisted he'd be back one day.
( Associated Press Associated Press , AP)
Stallings uses 6 back-nine birdies to join playoff, wins Greenbrier Classic on 1st extra hole
WHITE SULPHUR SPRINGS, W.Va. — Needing a birdie on the 168-yard 18th hole to get into a playoff at the Greenbrier Classic, Scott Stallings remembered the approach shot he hit from the same distance back on No. 11.
( Associated Press Associated Press , AP)
Rex Ryan, Jets offer Plaxico Burress a chance to start over with 1-year deal
NEW YORK — Plaxico Burress had lots of time to dream about this day, even if it once seemed unlikely.
( Associated Press Associated Press , AP)
Wheeling and dealing: Surprising Indians, Pirates, Diamondbacks are buyers at trade deadline
Gone are the days when the New York Yankees, Boston Red Sox and Philadelphia Phillies poached all the available talent leading up to baseball's trade deadline.
( Associated Press Associated Press , AP)
Person familiar with deal says Jets have agreed to terms with CB Antonio Cromartie
NEW YORK — After losing out on Nnamdi Asomugha, the New York Jets turned to their backup plan: the guy they were trying to replace.
( Associated Press Associated Press , AP)
WORLD
30 Vietnamese kids poisoned after drinking disinfectant mixed with milk at preschool
HANOI, Vietnam — Some 30 Vietnamese children have been hospitalized after eating disinfectant accidentally mixed with milk during snack time at an unlicensed preschool.
( Associated Press Associated Press , AP)
Sri Lanka admits for first time civilian deaths were unavoidable in final phase of civil war
COLOMBO, Sri Lanka — Sri Lanka's government has acknowledged for the first time that there were civilian casualties in the final phase of the country's civil war against Tamil Tiger rebels.
( Associated Press Associated Press , AP)
North Korea reports dozens killed, hurt or missing in torrential rain last month
SEOUL, South Korea — North Korea says dozens of people were killed, injured or missing after torrential rain pounded the country between late June and mid-July.
( Associated Press Associated Press , AP)
SKorean envoy calls for NKorean "concrete action" before restarting nuke talks
SEOUL, South Korea — North Korea must show it is serious about abandoning its atomic weapons programs before long-stalled disarmament negotiations can resume, South Korea's lead negotiator said Monday.
( Associated Press Associated Press , AP)
Italian coastguard finds 25 migrants dead aboard boat from Libya headed to Lampedusa
ROME — Italy's coastguard found the bodies of 25 would-be migrants Monday in the hold of a boat crossing the Mediterranean from North Africa to the small Italian island of Lampedusa.
( Associated Press Associated Press , AP)
LIVE DISCUSSIONS
Opinion Focus with Eugene Robinson
Washington Post columnist Eugene Robinson discusses his recent columns and the latest news in a live Q&A.
(, vForum)
Debt Ceiling drama: Why Jonathan Capehart thinks your voice needs to be heard
In his Post-Partisan blog post today, Opinion writer Jonathan Capehart said that "Folks should be marching on the Capitol" in protest of the way the debt issue is being handled. Do you agree?
(, vForum)
Chatological Humor: Monthly with Moron
Gene Weingarten takes polls and chats about his recent columns.
(, vForum)
ComPost Live with Alexandra Petri
The Compost, written by Alexandra Petri, offers a lighter take on the news and political in(s)anity of the day.
(, vForum)
ComPost Live with Alexandra Petri
The Compost, written by Alexandra Petri, offers a lighter take on the news and political in(s)anity of the day.
(, vForum)
BUSINESS
HSBC bank to sell nearly half its U.S. branches
LONDON — British banking company HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its bank branches in the U.S., part of a new strategy to cut back on retail operations in some parts of the world and focus instead on fast-growing emerging markets.
( Associated Press Associated Press , AP)
Honda's quarterly profit plunges on disaster, but automaker revises forecasts upward
TOKYO — Honda's quarterly profit plunged nearly 90 percent after the quake in northeastern Japan hammered production and sales, but the automaker raised full-year forecasts as its confidence in a recovery mounts.
( Associated Press Associated Press , AP)
IMF says Romania's economy growing again; public sector wages may be increased
BUCHAREST, Romania — An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds.
( Associated Press Associated Press , AP)
Mitsubishi Motors back in the black on new market growth despite quake damage
TOKYO — Mitsubishi Motors sprang back into the black for the fiscal first quarter as growth in emerging markets offset damage from the quake in northeastern Japan.
( Associated Press Associated Press , AP)
World stock markets jump after Obama announces US debt limit deal, default avoided
SINGAPORE — World stock markets jumped Monday after President Barack Obama announced a last-minute agreement to raise the government's debt limit and avoid a default.
( Associated Press Associated Press , AP)
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