President Barack Obama speaks from the Oval Office on the shooting in Chattanooga, Tennessee, vowing to conduct a prompt and thorough probe of the shooting
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President Barack Obama speaks after touring the El Reno Federal Correctional Institution in El Reno, Oklahoma. President Obama is the first sitting US President to visit a federal prison, in a push to reform one of the most expensive and crowded prison systems in the world
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As part of a weeklong focus on inequities in the criminal justice system, President Barack Obama will meet separately Thursday with law enforcement officials and nonviolent drug offenders who are paying their debt to society at the El Reno Federal Correctional Institution, a medium-security prison for male offenders near Oklahoma City
10:10: The President meets with the House Democratic Caucus, United States Capitol
11:25: Meets with the Senate Democratic Caucus, United States Capitol
(C-Span have live coverage listed for 11:15, but the meetings are closed so they’ll probably just show statements after)
2:10: President Obama welcomes the NCAA Champion UConn Huskies to honor the team and their 2013 NCAA Women’s Basketball Championship
3:0 Congressional leaders join together for a ceremony to commemorate the 50th anniversary of the 1963 March on Washington for Jobs and Freedom (C-Span 3)
4:30: The President and VP Biden meet with Secretary of the Treasury Lew
Going into this morning, expectations for economic growth in the second quarter — April, May, and June of this year — were quite poor, making the actual GDP report a little more encouraging.
The U.S. economy grew at a 1.7% annual rate in the second quarter, buoyed by a solid gain in consumer spending and a sharp increase in business investment, the Commerce Department said Wednesday. Economists polled by MarketWatch had expected growth to total 1.0%.
To be sure, 1.7% GDP growth is not, by any fair measure, good news. It tells us the economy is growing, but the recovery is at best sluggish. But given the news we were expecting, 1.7% is a relatively pleasant surprise, especially since the previous quarter’s growth was revised down to 1.1%.
Bloomberg: Economy in U.S. Expands More Than Forecast on Inventories
The economy in the U.S. grew more than projected in the second quarter, reflecting an unexpected pickup in inventory building as consumer spending cooled. Growth in the previous three months was revised down.
Gross domestic product, the value of all goods and services produced, rose at a 1.7 percent annualized rate, after a 1.1 percent gain the prior quarter, Commerce Department figures showed today in Washington. The median forecast of 85 economists surveyed by Bloomberg called for a 1 percent advance for last quarter. Consumer spending, the biggest part of the economy, climbed 1.8 percent after increasing 2.3 percent.
Job gains and rising home prices are shoring up Americans’ confidence and lifting automobile sales and production, making it likely the U.S. will pick up once government spending cuts and tax increases pose less of a restraint. The report also showed inflation is falling further below the Federal Reserve’s goal….
Steve Benen: Reality gets in the way of far-right shutdown scheme
As a large group of Republicans push for a government shutdown over the Affordable Care Act, Norm Ornstein offered some compelling context. “You could say it’s a do-nothing Congress but that doesn’t do justice to it,” he said. “These guys are doing something, which is to destroy the economic fabric of the country by holding the functions of government hostage to a non-negotiable demand to eliminate Obamacare.”
That’s plainly true, though Sen. Ted Cruz (R-Texas), arguably the main ringleader of the scheme, apparently believes destroying the economic fabric of the country by holding the functions of government hostage to a non-negotiable demand to eliminate Obamacare is a fine idea. As Sarah Kliff reported, however, there is a flaw in the right-wing premise…..
Steve Benen: ATF finally poised to move forward with real leadership
Ask conservative opponents of gun reforms what they’d like to see from law enforcement, and you’ll probably get a predictable answer: we should enforce the gun laws we already have, not approve new ones. For the last several years, however, that’s been easier said than done.
Enforcement of existing gun laws generally falls under the purview of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), which has lacked a permanent, Senate-confirmed leader for the last seven years, thanks to opposition from Republicans and the National Rifle Association, both of which have reflexively balked at the very idea of an ATF chief.
With this in mind, we may be poised for a breakthrough this week….
ThinkProgress: Texas Lawmakers Are Too Busy Focusing On Abortion Restrictions To Get Anything Else Done
Just over an hour after Texas legislators concluded their second special session — an extra lawmaking session they used to enact sweeping abortion restrictions — Gov. Rick Perry (R) called them back for a third one. An outstanding highway funding bill is the only item on the agenda. “When it comes to transportation, the stakes facing our state could not be higher,” the governor noted in a statement.
Perry cited that same transportation measure as one of the reasons he believed it was necessary to call the first special legislative session at the beginning of June. But instead of focusing on getting that done, the governor demonstrated a different set of priorities — adding a slew of anti-abortion provisions that were unable to advance during the state’s regular session to the docket.
Bob Cesca: Bradley Manning Lives in a Nation of Laws, and, Hero or Not, He Broke 16 of Those Laws
While fleeing from the law in Hong Kong, Edward Snowden encouraged a return to “the rule of law rather than men.” In spite of his politically incorrect usage of “men” instead of “men and women,” he’s right. Generally speaking, individual citizens shouldn’t be held above the law — least of all a soldier named Pfc. Bradley Manning who stole 720,000 classified documents and handed them over to be be indiscriminately posted for public consumption by Julian Assange’s Wikileaks.
President Barack Obama and Vice President Joe Biden shake hands in the Oval Office following a phone call with House Speaker John Boehner securing a bipartisan deal to reduce the nation’s deficit and avoid default, Sunday, July 31, 2011. (Photo by Pete Souza)
President Obama signs a line worker’s shirt after touring the Amazon fulfillment center in Chattanooga, Tenn., July 30 (Photo by Chuck Kennedy)
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Steve Benen: Why would the GOP balk at a corporate tax cut?
As promised, President Obama spoke in Tennessee this afternoon, and made congressional Republicans an offer they probably shouldn’t refuse: the GOP would get corporate tax reforms, including lower rates, while Democrats would get investments in infrastructure and manufacturing.
…. GOP opposition is just a little more difficult to understand. Sure, when the White House proposes new tax revenue from the wealthy, it stands to reason that Republicans will scream bloody murder. When the president talks about increasing the size of government in any appreciable way, we know the GOP will go berserk.
But corporate tax breaks and infrastructure jobs? Why announce knee-jerk opposition to these ideas?
I’ve spent some time this afternoon collecting Republican complaints about the new Obama offer, so let’s take them one at a time.
Smartypants: A common sense proposal for NSA reform
Now that it appears as if the American public is ready to move beyond their fear-based approach to national security, I agree with President Obama.
I’ve got to tell you though Charlie, I think this is a healthy thing because its a sign of maturity that this debate would not have been taking place 5 years ago. And I welcome it.
That means that perhaps we can have a rational discussion about the NSA and potential reforms that make sense. Of course folks like Greenwald are not going to initiate a discussion about solutions – that would mean actually owning some responsibility rather than simply screaming from the sidelines (not to mention that solutions are terrible link-bait). But somebody needs to do it. As is often the case, that part is left to the pragmatists.
@whitehouse This morning, President Obama and VP Biden met with Israeli and Palestinian negotiators on resuming peace talks
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ThinkProgress: Obama Calls Out Republicans For Wasting Time On Keystone: ‘That’s Not A Jobs Plan’
In a speech on Tuesday focused on repairing the American economy, President Obama called out Republicans in Congress for flouting serious job-creation efforts in favor of trying to repeal environmental regulations and push for the creation of the Keystone XL oil pipeline.
While Republicans have advocated for Keystone by insisting that it will create jobs, Obama slammed that assertion Tuesday, pointing to the Cornell University estimate that Keystone would only create 50 permanent jobs….
President Obama hugs Amazon employee Lydia Flanders who introduced the president before he makes a speech about the economy and jobs at an Amazon.com Fulfillment Center in Chattanooga, Tennessee
The Obama Diary 
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