The Two-Way
10:21 am
Tue July 26, 2011

Revisiting That Default Deadline: Could Extra Tax Revenue Buy A Little Time?

Pedestrians stop to view the National Debt Clock in New York this April.
Andrew Harrer Bloomberg via Getty Images

For weeks now, President Obama and the Treasury have fixated on an Aug. 2 deadline at which, they say, the United States will not be able to meet its financial obligations and would default for the first time in history.

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Shots - Health Blog
9:55 am
Tue July 26, 2011

Bad Economy May Be Leading To Less Surgery

HCA Holdings, the biggest for-profit hospital chain in the U.S., reported lower earnings than expected Monday.

And one of the reasons might surprise you: some people appear to be forgoing surgery, in part, because of hard economic times.

When the company looked at surgical admissions hospital by hospital, it found they declined 1.6 percent in the U.S. in the second quarter compared to the same period last year. Inpatient surgeries took a bigger hit than outpatient cases, but both were down.

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The Two-Way
9:18 am
Tue July 26, 2011

As Country Mourns, Norway Names Victims

Two women carry roses tagged with the slogan "OsLove" as they joined as many as 150,000 people gathered for a flower vigil in Oslo.
Odd Andersen AFP/Getty Images

About 150,000 people filled the streets of Oslo, yesterday, to pay their respects to the victims of the bombing and shooting rampage.

Thousands of Norwegians held up flowers near the Nobel Peace Museum and vowed not retaliation, but to make their democracy stronger.

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Opinion
8:57 am
Tue July 26, 2011

Foreign Policy: Rise Of The Radical Right

People gather outside Oslo City Hall to participate in a "rose march" in memory of the victims of Friday's bomb attack and shooting massacre in Norway on Monday, July 25, 2011. Anders Behring Breivik has admitted bombing Norway's capital and opening fire on a political youth group retreat, but he entered a plea of not guilty, saying he wanted to save Europe from Muslim immigration.
Emilio Morenatti AP

Jamie Bartlett is head of the Violence and Extremism Programme at the London-based think tank Demos. Jonathan Birdwell is a researcher on the Violence and Extremism Programme at Demos. They are currently undertaking a major research project into the growth of far-right street-based movements across Europe, including the largest ever survey of far-right activists, which is due to be completed in October 2011.

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Opinion
8:45 am
Tue July 26, 2011

New Republic: Victims Of Addiction, Not Their Art

In this July 4, 2008 file photo, singer Amy Winehouse of England performs during the Rock in Rio music festival in Arganda del Rey, on the outskirts of Madrid. British police say singer Amy Winehouse was found dead at her home in London on Saturday, July 23, 2011. The singer was 27 years old.
Victor R. Caivano AP

Sacha Z. Scoblic is a contributing editor for The New Republic and author of the new book Unwasted: My Lush Sobriety.

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Business
8:35 am
Tue July 26, 2011

Corn Prices Fall as Heavy Rain follows High Heat

Corn prices fell Monday after storms delivered rain to crops that had been baking in a heat wave across much of the Midwest.

Corn for December delivery fell 11 cents to settle at $6.745 a bushel. Other commodities were mixed as congressional leaders continued to debate ways to raise the U.S. debt limit, and cut spending.

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The Two-Way
8:20 am
Tue July 26, 2011

Recession Causes Wider Wealth Gap Between Whites, Minorities

Originally published on Tue July 26, 2011 8:21 am

New analysis of Census data by the Pew Research Center finds that the recession has erased decades of gains minorities had made in closing the country's wealth gap. That gap between whites and minorities is now the widest it's been in 25 years.

The AP reports:

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Opinion
8:15 am
Tue July 26, 2011

Weekly Standard: Introducing The Debt Two-Step

Speaker of the House John Boehner is seen after delivering his response to President Obama's remarks about averting default and dealing with the federal deficit, at the Capitol in Washington, Monday, July 25, 2011.
J. Scott Applewhite AP

Fred Barnes is executive editor of The Weekly Standard.

House speaker John Boehner's new plan to cut spending while raising the debt limit faces two obstacles. It must win the votes of most of the 240 Republicans in the House. And the plan, or something like it, needs to be accepted by Senate majority leader Harry Reid. At the moment, overcoming the obstacles is anything but assured.

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Opinion
8:14 am
Tue July 26, 2011

The Nation: Feeling The Heat Of A Promise To Freeze

Since July 2010, Jamelle Bouie has been a Writing Fellow for The American Prospect magazine in Washington D.C.

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Politics
7:24 am
Tue July 26, 2011

Does Extra Tax Revenue Give Debt Deal More Time?

Zachary A. Goldfarb of the Washington Post talks with Steve Inskeep about the possibility that the U.S. government may have extra time to negotiate a deal to raise the debt ceiling because of higher-than-expected daily tax receipts. The deadline for Congress to raise the limit is Aug. 2.

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