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By Ken Shepherd | August 1, 2011 | 5:59 PM EDT

Better late than never, perhaps, but in Sunday’s paper the Times noted that “Lowering Nation’s Credit Rating May Have Little Effect, Economists Suggest.”

The article, by Binyamin Appelbaum article, was buried on page A14 (emphasis mine):

By Alex Fitzsimmons | August 1, 2011 | 5:29 PM EDT

On Monday's "Martin Bashir," MSNBC analyst Jonathan Alter proclaimed that America would "be in a depression now if there had been a balanced budget amendment in 2009." Bashir, concurring with the former Newsweek editor, added, "Indeed."

Reacting to Rep. John Boehner's (R-Ohio) press conference about the debt-ceiling deal, Alter and Bashir mocked the speaker's suggestion that a balanced budget amendment is needed to "handcuff" Congress.

[WMV video here. MP3 audio here.]

By Matthew Balan | August 1, 2011 | 4:48 PM EDT

On Monday's Early Show, CBS slanted towards supporters of a new Obama administration mandate which requires private insurance companies to cover contraception as part of women's "preventative services." Anchor Chris Wragge labeled the development "good news," while correspondent Michelle Miller failed to include sound bites from opponents during her report on the new regulation.

After using his "good news" phrase, Wragge trumpeted the "historic new women's health guidelines" during his introduction for Miller's report, which aired at the bottom of the 7 am Eastern hour. The correspondent herself picked up where the anchor left off when she stated that new mandate was "welcome news to the women we spoke to." She then played two sound bites from women on the street who gave supposed horror stories about the cost of birth control.

UNIDENTIFIED WOMAN 1: Sometimes, $20 a month can definitely be hard to scrape together.

By Ken Shepherd | August 1, 2011 | 4:20 PM EDT

Roll Call "Political Wire" editor Taegan Goddard selected a drawing by liberal Arizona Daily Star political cartoonist David Fitzsimmons for his August 1 "Cartoon of the Day."

The cartoon (embedded after the page break) depicts a battle-scarred U.S. Capitol and White House in 1942 outside of which Nazi and Japanese Empire flags fly in lieu of the Stars and Stripes. A speech balloon coming from the Capitol dome reads, "At least we didn't go into debt," while the caption reads "If Congress had passed the Tea Party's Balanced Budget Amendment in 1940."

By Kyle Drennen | August 1, 2011 | 4:04 PM EDT

In a discussion with Meet the Press host David Gregory and Tom Brokaw on Monday's NBC Today about the debt ceiling deal, co-host Ann Curry contemptuously wondered: " you think that members of the Tea Party Caucus know how to govern or are they – do they understand that standing up for a cause is not the same as governing?" [Audio available here]

Interestingly, Brokaw rejected Curry's argument: "Well, I don't think that you can separate the two. The fact is that they were elected to pursue the goals that they took before their constituents and said, 'This is what we believe in, this is why we're going to Washington.' And they have changed the tenor of the debate there and the details of it." He further added: "...this has been a big morning for them so far..."

View video after the jump

By Rich Noyes | August 1, 2011 | 3:47 PM EDT

For the past month, as the debt talks slogged on in Washington, the so-called mainstream media unleashed increasingly hysterical attacks on the Tea Party and anti-tax hike conservatives — epitomizing the liberal elite’s supreme annoyance at the push to curb federal spending and contain the size of government.

The media’s disdainful language has ranged from the merely condescending (wondering whether the Tea Partiers in Congress actually knew how things worked, or referring to them as children), to outright hostile (likening the Tea Party to al Qaeda or other terrorist groups). Here are some of the choicer examples MRC has collected over the past 30 days:

By Ken Shepherd | August 1, 2011 | 3:07 PM EDT

In a front-page “news analysis” piece this morning, Times national political correspondent Jeff Zeleny pronounced that “After a Protracted Fight, Both Sides Emerge Bruised.”

Yet Zeleny’s analysis was chock full of the typical liberal bias slant that puffs up President Obama, slams the Tea Party as “intractable” and ignores the partisanship of liberal Senate members, particularly Harry Reid (emphasis mine):

By Matt Hadro | August 1, 2011 | 2:49 PM EDT

After asking Tea Party favorite Sen. Rand Paul (R-Ky.) to discard his talking points and be frank on the debt ceiling issue, CNN's Don Lemon repeatedly interrupted the senator, and even lectured him and threw some Democrat talking points at him. Lemon interviewed Paul on Saturday's 5 p.m. EDT edition of CNN Newsroom.

"At this point though, and can we do this – let's do this interview without talking points, okay, let's just talk to each other," Lemon curtly told the senator at the outset. But then he asked a pointed question which made Paul raise his eyebrows.

By Kyle Drennen | August 1, 2011 | 1:02 PM EDT

In an interview with White House advisor David Plouffe on Monday's NBC Today, co-host Matt Lauer worried about liberals being unhappy with the proposal deal on the debt ceiling: "So did the President compromise here, David, or did he give in simply so that he wouldn't be labeled as the president who was on duty as the nation defaulted on its financial obligations?"

Plouffe defended the plan: "Now, listen, you're obviously seeing some criticism from my party, you're seeing some criticism from the Republican Party. But what this does is first of all we get significant deficit reduction..." Lauer continued to hit from the Left: "The President clearly wanted more revenues, he wanted to raise taxes on wealthiest Americans, he wanted to get rid of some tax cuts for corporations. Those are not in there. Is the fight over taxes over and did the President lose it?"

By Scott Whitlock | August 1, 2011 | 12:19 PM EDT

Good Morning America's George Stephanopoulos on Monday hit senior White House advisor David Plouffe from the left, highlighting liberal columnist Paul Krugman's complaints about the debt ceiling deal. The morning show also played up a Democratic congressman's attack that the bill is a "Satan sandwich."

Quoting from the New York Times' Krugman, Stephanopoulos fretted, "Paul Krugman in the New York Times this morning saying that the President 'had an abject surrender. He says that Obama surrendered last December extending all the Bush tax cuts.'"

By Geoffrey Dickens | August 1, 2011 | 12:10 PM EDT

The entertainment industry is notably short on actors who are confident enough to express any rightward beliefs in notoriously left Tinseltown, but one of the few who does, actor Kelsey Grammer (best known for his role as Dr. Frasier Crane on Cheers and then later Frasier) told the New York Post that once he's done with his thespian career he may end up running for mayor of New York City.

The RightNetwork backer told the New York Post's Sean Daly: "I have had a great career and extraordinary opportunities, but I look at my political aspirations as that last piece of my life -- where I hope to do something good for people and pay back a little."

By Matthew Philbin | August 1, 2011 | 11:15 AM EDT

Look out MSNBC. The market for “vicious, inaccurate, and inexcusable” cable news just got more crowded in New York.

The New York Times reported August 1 that Al Jazeera English will begin appearing in New York for the first time, “subletting air space from a channel owner.” This marks a victory in AJE’s campaign to gain widespread access to the U.S. cable market. It’s also a victory for the network’s liberal media supporters, including several at the New York Times.

“Al Jazeera English was lauded by the United States government and even by a few competitors for its broadcasts from Egypt and other Middle Eastern countries earlier this year,” the Times noted. Yes, and it was called “balanced and thorough.” But as the Culture and Media Institute has reported, the praise was overblown and stemmed more from a decidedly non-journalistic admiration for the network’s activism than the quality of AJE’s reporting.

By NB Staff | August 1, 2011 | 9:42 AM EDT

Late last night, President Obama announced that Democrat and Republican leaders had agreed on a plan with Obama's approval to raise the debt ceiling. The plan would prevent any possible defaults that could occur on August 2 if the deal is not passed in Congress.

The plan is still subject to congressional approval, and many Democrats and Republicans are already speaking out against it. Check out a summary of the deal after the break, and let us know your thoughts in the comments.

By Noel Sheppard | August 1, 2011 | 9:09 AM EDT

New York Times columnist Paul Krugman is not happy with the deal Congress and the President apparently have agreed upon to end the debt ceiling impasse.

In his Monday piece, the Nobel laureate wrote, "[T]hose demanding spending cuts now are like medieval doctors who treated the sick by bleeding them":

By Mark Finkelstein | August 1, 2011 | 9:00 AM EDT

Barney Frank has to be the biggest sourpuss in Congress. The liberal representative from Massachusetts has made an art form out of ripping out his ear piece and abruptly ending an interview. This testy feller could pick a fight in a phone booth.

So Frank would be the last person you'd expect, in commenting on the debt ceiling deal, to break out a classic line from comedian Henny Youngman.  Yet that's exactly what Barney did on Morning Joe today, in explaining why he was supporting a bill that contains much he doesn't like.

View video after the jump.