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OBAMA AGENDA: A big gamble on Iran

Breaking this morning: Iran and world powers have reached a historic deal for Tehran to curb its nuclear program in exchange for the easing of economic sanctions, NBC's Andrea Mitchell and Abigail Williams report.

In remarks from the White House at 7am ET, Obama said that "today, because America negotiated from a position of strength and principle, we have stopped the spread of nuclear weapons" in the Middle East. And he pledged to veto any legislation from Congress that prevents the implementation of the nuclear deal.

Israeli Prime Minister Benjamin Netanyahu slammed the deal, saying, "Iran will get a jackpot, a cash bonanza of hundreds of billions of dollars, which will enable it to continue to pursue its aggression and terror in the region and in the world. This is a bad mistake of historic proportions."

Here's NBC's Q&A on what happens next now that the deal is done.

Analysis from the New York Times: "Mr. Obama will be long out of office before any reasonable assessment can be made as to whether that roll of the dice paid off. The best guess today, even among the most passionate supporters of the president’s Iran project, is that the judgment will be mixed. Nothing in the deal announced Tuesday eliminates Iran’s ability to eventually become a nuclear threshold power — it just delays the day … Yet it is a start.”

The Wall Street Journal on what comes next for Obama: "He must turn to selling the deal to a skeptical Congress, and to managing relationships in a volatile Middle East, where the notion of an emboldened Iran has rattled longtime U.S. allies, particularly Israel and Saudi Arabia. Some of the core milestones for the implementation of the agreement, sealed in Vienna on Tuesday, will overlap with the 2016 U.S. presidential campaign, the one that will choose Mr. Obama’s successor, ensnaring them in an unpredictable political dynamic. And after more than three decades of hostility and mistrust between the U.S. and Iran, American officials are uncertain how compliant Tehran will be over the deal’s time frame."

POLITICO looks at how a Republican president could undo the Iran deal after taking office in 2017.

From the AP: "Defense Secretary Ash Carter has ordered a six-month study aimed at formally ending one of the last gender- or sexuality-based barriers to military service, saying the Pentagon's current regulations banning transgender individuals from serving in the military need to be examined."

Msnbc.com's Dafna Linzer writes that the president's commutation of 46 prisoners' sentences was particularly remarkable because "he made sure that everyone knew about his decision, why he made it and what he hoped it would accomplish."

OFF TO THE RACES: Tracking (and charting) the money race -- so far

Some of us(!) compiled what we know about how much the 2016 campaigns and outside groups have raised -- and compared it in one handy chart.

Republican candidates are aggressively wooing home school advocates in Iowa, Bloomberg reports.

National Journal surveyed RNC leaders and found that the GOP establishment is deeply divided over the 2016 field.

BUSH: He's continuing his trip through Iowa today. The Iowa Republican writes that Bush's push in the state is more aggressive than it seems. "Even though he has spent limited time in the state, his campaign has made a point to visit the areas of the state that will be critical for him if he hopes to be competitive on caucus night."

He drew about 240 people to an event in Sioux City Monday, where he said he supports phasing out the Renewable Fuel Standard, notes the Sioux City Journal.

CLINTON: She's on the Hill today to meet with congressional Democratic groups. Writes the New York Times: "For Mrs. Clinton, the meetings highlight the degree to which her second presidential campaign is aggressively reaching out to those who did not support her last time around. A star senator from New York in the 2008 campaign, Mrs. Clinton was viewed with suspicion and some hostility by some of her colleagues, some of whom served as early supporters of Senator Barack Obama, then her rival."

From Msnbc.com's Alex Seitz-Wald: "In its most comprehensive response yet to the controversy over Hillary Clinton’s use of a private email server as secretary of state, her presidential campaign Tuesday posted to their website a 3,600 word fact sheet it hopes will become their side’s definitive take on the issue. While the document covers little new ground and follows previous campaign statements, it provides the most detailed and extensive answers to lingering questions about the issue in one place, and represents an acknowledgement that the issue continues to be a distraction for Clinton’s second bid for the White House."

She’s going to release the names of her bundlers, the New York Times reports.

HUCKABEE: He said of the Iran deal: "Shame on the Obama administration for agreeing to a deal that empowers an evil Iranian regime to carry out its threat to 'wipe Israel off the map' and bring 'death to America.' John Kerry should have long ago gotten up on his crutches, walked out of the sham talks, and went straight to Jerusalem to stand next to Benjamin Netanyahu and declared that America will stand with Israel and the other sane governments of the Middle East instead of with the terrorist government of Iran."

KASICH: He's picked chief of staff Beth Hansen as his campaign manager.

GRAHAM: He said that the deal is "akin to declaring war on Israel and the Sunni Arabs" in an interview with Bloomberg.

O'MALLEY: He'll release a white paper later this morning outlining his plans for fixing the nation's immigration system.

WALKER: He formally announced his presidential bid in Waukesha last night. From Andrew Rafferty's report: "Wisconsin Gov. Scott Walker sought to portray himself not only as a fighter but a winner when he when he became the 15th Republican to enter the 2016 presidential race on Monday."

NBC's Perry Bacon Jr. writes on why Walker is considered such a strong candidate, and what could hurt him. "The danger for Walker is becoming the Rick Perry of 2012, a leading candidate who collapses in the debates."

Analysis on his run from the Washington Post's Dan Balz: "He fought the left and the left lost. It is a message that conservatives tired of losing in presidential races yearn to hear — victory without great compromise. It is the characteristic that he hopes will distinguish him from the other Republicans — some as or more conservative, some less — who are running for their party’s nomination."

Getting some play this morning: During a FOX News appearance, Walker said: "The left claims they’re for American workers, and they’ve got lame ideas, things like minimum wage...We need to talk about how we get people skills and qualifications they need to get jobs that go beyond minimum wage.”

PROGRAMMING NOTES.

*** Tuesday’s “News Nation with Tamron Hall” line-up: Frances Rivera sits in for Tamron Hall. She speaks NBC News Chief Foreign Correspondent Richard Engel and National Iranian American Council President Trita Parsi on the new Iran nuclear deal, Political Analyst Earl Ofari Hutchinson on President Obama speaking at NAACP convention regarding criminal justice reform, and NBC News Reporter Mark Potter in Mexico on the hunt for Mexican drug lord Joaquin "El Chapo" Guzman.

*** Tuesday’s “Live with Thomas Roberts” line-up: Thomas interviews NBC News Chief Foreign Affairs Correspondent Andrea Mitchell, former Chief State Department Liason to the White House Joel Rubin and former lead sanctions expert for the U.S. team negotiating with Iran Richard Nephew about today’s historic nuclear deal with Iran; MNSBC Military Analyst Gen. Barry McCaffrey, Ioan Grillo, GlobalPost Sr. Correspondent & Author, El Narco: Inside Mexico's Criminal Insurgency El Chapo and Mike Vigil, former head of DEA Intl. operations about the manhunt for escaped Mexican drug lord “El Chapo”; Congressional Black Caucus chair Rep. JK Butterfield about Hillary Clinton’s visit to Capitol Hill today, and Transgender Former Army Captain Allyson Robinson and Scouts for Equality Executive Director Zach Wahls about two big LGBT Victories: Transgender Military & Boy Scout Gay Leaders; and MSNBC Space and Aviation Analyst and Retired Naval Aviator and NASA Astronaut Capt. Mark Kelly about the Pluto fly-by.