1. Contradiction

    White House Says 'No Deal'

    WASHINGTON, DC - JUNE 29:  U.S. President Barack Obama answers reporters' questions during a news conference in the East Room of the White House June 29, 2011 in Washington, DC. Obama fielded questions about the War Powers Act and his authority to continue military support in the NATO-led offensive against Muammar Gaddafi's forces in Libya, as well as the ongoing budget negotiations with Congress.  (Photo by Chip Somodevilla/Getty Images)

    Chip Somodevilla / Getty Images

    "We don't have a deal." That's what a top White House official said about Senate Minority Leader Mitch McConnell's claim that a bill to raise the debt ceiling is "very close." Senior White House adviser David Plouffe told NBC's Meet the Press that President Obama and the GOP are in general agreement on a package that would cut the deficit in two stages, but key details are still being worked out. Plouffe suggested that negotiations are still focused on how to get Congress to approve a deficit-cutting plan of tax and entitlement reform later this year.

    Read it at Associated Press