The Note's Must-Reads for Friday, July 1, 2011

The Note's Must-Reads are a round-up of today's political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at

Compiled by ABC News Digital News Associates Jayce Henderson, Jacqueline Fernandez and Desk Assistant Amanda VanAllen

PRESIDENT OBAMA: ABC News’ Devin Dwyer: “ Obama to Host First Presidential Twitter Townhall” Just ten days after sending his first tweet, President Obama is ready to personally field questions from users on the social media service, the White House said today. Obama will hold the first presidential Twitter townhall on July 6 at 2 p.m. ET, the administration said in a message to followers from the @White House account. The live event will be tagged “#AskObama.” LINK The Wall Street Journal’s Damian Paletta: “ Obama Pushes for a Deficit Deal by July 22” WASHINGTON—The Obama administration believes congressional leaders must agree to a deficit-reduction deal by July 22 in order to raise the government's borrowing limit in time to avoid a default in early August, according to Democratic officials with knowledge of the negotiations. LINK

GEITHNER / FEDERAL DEBT: The New York Times’ mark Landler: “ Geithner Staying (for now)” WASHINGTON — Treasury Secretary Timothy F. Geithner said Thursday that he planned to stay in his job “for the foreseeable future.” Normally, that would not qualify as news. But Mr. Geithner’s comments came in a frenzied afternoon of speculation after news reports that he was considering leaving the Obama administration in the coming months, after a deal is reached with Congress to reduce the budget deficit. LINK

The Washington Post’s Zachary Goldfarb: “ Treasury Secretary Geithner considering leaving post after debt talks” Treasury Secretary Timothy F. Geithner, an architect of the Obama administration’s economic strategy, has told the president that he may seek as soon as this summer to resign, according to people familiar with the matter. LINK

The Washington Post’s Rosalind Helderman and Paul Kane: “ Debt talks stagnate as blame game goes on” Federal debt talks remained at a stalemate Thursday as both sides continued their week-long battle of blaming each other for the stymied negotiations to allow the Treasury to continue borrowing money to finance government operations. LINK

ELENA KAGAN: The Washington Times’ Jerry Seper: “ House panel probe urged of Kagan health care role” Forty-nine Republican members of Congress have asked the House Judiciary Committee to “promptly investigate” Supreme Court Justice Elena Kagan’s role in preparing a legal defense for President Obama’s health care law when she served as solicitor general. LINK

2012 ELECTION: USA Today’s Jackie Kucinich: “ Rep. McCotter to launch presidential bid on July 2” Rep. Thaddeus McCotter, R-Mich. will launch his presidential campaign on July 2, making him the third sitting member of the House to run for the White House in 2012. LINK

The Hills’ Molly Hooper: “ McCotter to enter presidential race” Rep. Thaddeus McCotter (R-Mich.) is set to announce his intention to run for president on Saturday, according to a highly placed source in McCotter's camp. The source confirmed reports that McCotter intends to file papers on Friday and make the official announcement on Saturday. LINK

SAME SEX MARRIAGE: Los Angeles Times: “ Obama's still on the fence on same-sex marriage” Last month President Obama , addressing a fundraising dinner in New York, said: "I believe that gay couples deserve the same human rights as every other couple in this country." The natural interpretation of those words is that Obama was endorsing same-sex marriage. But he wasn't. He made that clear Wednesday in some maddening remarks at a White House news conference. LINK

OTHER: Politico’s Julie Mason and Charles Hoskinson: “ Robert Gates’s long goodbye”Defense Secretary Robert Gates steered his epic farewell fly-around gently to ground Thursday, telling his wife, Becky, at an elaborate Pentagon ceremony, “We are really going home this time.” He stood before an audience that included troops in dress uniform arrayed at attention on an immaculate grass parade ground, the flags of the nation snapping in the breeze, and wryly acknowledged “what has been dubbed ‘the long goodbye.’” LINK ABC NEWS VIDEOS: Rep. Michele Bachmann Discusses MiscarriageLINKStephen Colbert's Super PAC ApprovedLINKSen. Paul: 'We Need to Be Here' to Debate DebtLINK

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