WEDNESDAY’S MINI-REPORT…. Today’s edition of quick hits:
* European debt crisis: “European and International Monetary Fund officials on Wednesday were considering a dramatically increased $158 billion bailout package for Greece as the country’s debt crisis continued to ripple across Europe, with Standard & Poor’s downgrading the credit rating on Spain, the continent’s fourth-largest economy.”
* Don’t expect the Fed to touch interest rates for a while.
* Left with no other options: “Crews were poised to begin setting fire to oil leaking from the site of an exploded drilling rig in the Gulf of Mexico on Wednesday, a last-ditch effort to get rid of it before it reaches environmentally sensitive marshlands on the coast.”
* Senate Majority Leader Harry Reid (D-Nev.) intends to move on climate/energy before immigration, but dismisses out of hand GOP calls for him to drop immigration reform altogether.
* Good move: “After nine years of regulatory review, the federal government gave the green light Wednesday to the nation’s first offshore wind farm, a sprawling project off the coast of Cape Cod.”
* Hoping to make it clear enough for even the RNC to understand, the House once again unanimously passed a measure to prohibit fake-Census mailings.
* President Obama takes his “Main Street Tour” to Missouri.
* Wall Street always whines incessantly about new regulations. And it’s always wrong.
* Prime Minister Gordon Brown’s chances of another term just took a sudden turn for the worse.
* The striking similarities between law school debt and sub-prime mortgages.
* It’s crazy on so many levels: “[Former Rep. Tom Tancredo] claimed that Obama is purposefully withholding his birth certificate in order to fuel birther conspiracies that make the right wing look nuts.”
* The correct response to “show us your papers.”
Anything to add? Consider this an open thread.