DEBT DEAL, TRADE DEAL, NOW DO AN AMNESTY DEAL AND WE'LL GET GROWING AGAIN:

Trade Deals Clear Hurdle in Senate (TOM BARKLEY, 8/03/11, WSJ)

Senate leaders said Wednesday they had reached a bipartisan agreement to renew funding for trade-related unemployment benefits, likely clearing the way for passage of three delayed free-trade pacts once Congress returns in September.

Senate Majority Leader Harry Reid (D., Nev.) and Minority Leader Mitch McConnell (R., Ky.) said in a joint statement they had found a "path forward" for the Senate to take up trade deals with South Korea, Colombia and Panama along with the job-retraining program when Congress returns from a month-long recess.

Follow @brothersjudd