Kerry won't run for president in '08  —  WASHINGTON —Senator John F. Kerry plans to announce today that he will not run in the 2008 presidential race, and will instead remain in Congress and seek reelection to his Senate seat next year, according to senior Democratic officials.

Transcript: CNN Interview with Cheney  —  We've just received the transcript for Vice President Cheney's interview with Wolf Blitzer this morning.  It's posted in full below the fold.  —  Q And joining us now, the Vice President of the United States, Dick Cheney.  Mr. Vice President, thanks very much for doing this.

The Knee-Jerk Opposition  —  If George W. Bush proposes something, it must be bad.  Such is the knee-jerk state of partisan suspiciousness that when the president actually endorses a tax increase — a tax increase that would primarily hit the well-off, no less — Democrats still howl.

Hagel: "There Is No Plan"  —  Here's Sen. Chuck Hagel (R-NE) barnburner of a speech this morning during the Senate Foreign Relations Committee meeting on the resolution against the president's troop increase in Iraq.  —  An excerpt: … Update: We've added a complete transcript of this portion of his remarks below.

President's Portrayal of 'The Enemy' Often Flawed  —  In his State of the Union address last night, President Bush presented an arguably misleading and often flawed description of "the enemy" that the United States faces overseas, lumping together disparate groups with opposing ideologies …

Tax breaks sidetrack minimum wage bill  —  WASHINGTON - Democrats' promise of a quick increase in the minimum wage ran aground Wednesday in the Senate, where lawmakers are insisting it include new tax breaks for restaurants and other businesses that rely on low-pay workers.

SOME OF MY BEST FRIENDS ARE NEW YORK MONEY PEOPLE:  —  I've admired Wes Clark for a long time.  But his comments to Ariana Huffington about wealthy Jews pushing the country toward war with Iran strike me as nutty and disturbing.  Either I seriously misjudged the man, or his comments were misquoted or taken wildly out of context.

Exceeding Expectations  —  Bush's former speechwriter on what the president did right—and on Jim Webb's wobbly wordcraft.  —  All the commentary leading up to the State of the Union noted the president's historically low poll ratings and unpopular Iraq strategy.

MN congresswoman can't keep her hand off President  —  Newly-elected Congresswoman Michelle Bachmann got quite a bit of face time with President Bush after his State of the Union Speech Tuesday night.  —  While the President was signing autographs for members of Congress after the speech …

Watching the SOTU Speech on ABC  —  Did they really need to drag World News anchor Charles Gibson all the way down from New York just to do a stand-up intro with the Capitol dome over his shoulder?  George Stephanopoulos and Martha Raddatz were in separate locations, so it wasn't as though he was joining them in the studio.

Critics See Too Little Significant Change  —  The energy proposals President Bush outlined last night break new ground for his administration.  —  He combined a call to lower gasoline consumption with new mandates for oil companies and new standards for automakers.

SOTU: MCCAIN — LACK OF SELF-CONTROL?  AN EXPRESSION OF CONTEMPT?  EMBARRASSING IN ANY CASE.  —  By Tucker Carlson  —  "We advance our own interests by helping reformers and advocates for democracy"?  That was Bush's position on the Middle East immediately after 9-11 and, remarkably, it remains his position.