Today will be all about the debt ceiling, as House Republicans struggle to regroup after Boehner’s plan failed to gain the necessary support last night. They’ll meet this morning to strategize.
Apple has more cash than the U.S. government (The Atlantic)
GDP grew a meager 1.3 percent in the second quarter, and first-quarter GDP was revised down to only 0.4 percent (Business Insider)
President Obama will break his public silence to announce efforts to mandate higher fuel efficiency for vehicles, and meet with several African leaders (Politico)
Chris Christie talks about the debt:
The Way Life Should Be Lived by Ben Stein: Congress and the President need more time on cool mountain lakes.
On Budget, Don’t Shoot Caps, by Quin Hillyer: Boehner can succeed like Reagan and Gramm.
Steve Wynn Is Right, by Iain Murray: Too much government is killing the economy.
Rome vs. Beijing: China’s Catch-22, by Samuel Gregg: The Beijing government knows Catholicism’s moral influence could alleviate China’s corruption problems.
Save What Should Be Lost, by RiShawn Biddle: Saturday’s “Save the Schools” rally in D.C. should be called the March to Save Teachers’ Unions.
Parlor Games, by George H. Wittman: Bribery is getting a lot more sophisticated.
When Church Impedes on State, by Mark Tooley: The United Methodist Church is railing against Alabama’s new immigration law.
Bad Call, by Jay D. Homnick: Is Dave Van Horne really a Hall of Famer?