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Obama Signs Debt-Ceiling Plan Hours Before Deadline
President Obama on Tuesday signed into law a months-in-the-making plan to raise the debt ceiling, putting an end for now to the partisan crisis that risked the first-ever national default.

Reid: Joint Committee Must Include Taxes Or Trigger Will Kick In
“We’ve had too much talk the last few days of Republicans as early as this morning, Republican leaders in the Senate saying there will be no revenue. That’s not going to happen. Otherwise, the trigger is going to kick in.

Putin says U.S. is “parasite” on global economy
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means “like a parasite” on the global economy and said dollar dominance was a threat to the financial markets.

Former Congresswoman Wants Revolution Within U.S.
Remember her? At the First International Conference on Global Fight against Terrorism in Tehran, former congresswoman Cynthia McKinney claimed the United States is rooted in lies, injustice, and war on Iranian television.

Stocks slump as concerns about economy grow
The stock market stumbled again Tuesday and is on pace for its longest losing streak in two years. The Dow Jones industrial average dipped below 12,000 and the Standard & Poor’s 500 index lost nearly all of its gains for the year by the early afternoon. Even as the debt-ceiling bill passed in the Senate, all three major stock indexes fell as investors reacted to more signs of weakness in the U.S. economy and poor earnings from several big companies.

ABC’s Sawyer to Pelosi: Will Debt Deal “Hurt Real People?”

On the August 1 edition of ABC’s World News, anchor Diane Sawyer cued up liberal House Democratic leader Nancy Pelosi to bash the new debt deal from the left. Sawyer asked if the legislation was a “bitter pill,” and prodded Pelosi: “You think this is really going to hurt real people?”

Governor Palin Talks to Greta Van Susteren About The Debt Ceiling Deal