President Obama takes a break from the debt-limit talks to deliver a speech before the National Council of La Raza — a group that has served as an important bridge for Obama’s administration to the Hispanic community. Don’t expect Obama to deviate from the typical White House line when it comes to pitching Latinos that government knows best, says Israel Ortega, editor of Heritage Libertad. UPDATE: Read about the level of coordination between the White House and La Raza in today’s Daily Caller.

On Capitol Hill, meanwhile, Speaker John Boehner (R-OH) is expected to unveil the details of a new plan to raise the debt limit by approximately $1 trillion, providing Treasury with money until next year. That would set the stage for another showdown just months before the 2012 presidential election.

This afternoon at Heritage, John Mark Reynolds ponders whether the popularity of Facebook, Twitter and other forms of social media are good or bad for sustaining America’s experiment in self-government. Reynolds directs the Torrey Honors Institute at Biola University. The event begins at noon ET and will be webcast live.