OBAMA SPEECH IN FULL: A MORE PERFECT UNION  —  “We the people, in order to form a more perfect union.”  —  Two hundred and twenty one years ago, in a hall that still stands across the street, a group of men gathered and, with these simple words, launched America's improbable experiment in democracy.

A McCain Gaffe in Jordan  —  AMMAN, Jordan — Sen. John McCain, traveling in the Middle East to promote his foreign policy expertise, misidentified in remarks Tuesday which broad category of Iraqi extremists are allegedly receiving support from Iran.  —  He said several times that Iran …

Supreme Court hears arguments on gun ownership  —  WASHINGTON (CNN) — The Supreme Court on Tuesday took up gun control, hearing arguments concerning a District of Columbia ban on handguns more than two centuries after the Second Amendment gave Americans the right to “keep and bear arms.”

More On Imminent Death Of Michigan Primary....  This dispatch from the MIRS News Service in Michigan (no link)

McCain's 67% Favorable Rating His Highest in Eight Years  —  Obama has a 62% favorable rating, while Clinton's is 53%  —  PRINCETON, NJ — John McCain's 67% favorable rating is the highest of any of the three major candidates running for president, and ties for his highest in Gallup polling history.

For immediate release  —  The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to 2-1/4 percent.  —  Recent information indicates that the outlook for economic activity has weakened further.  Growth in consumer spending has slowed and labor markets have softened.

Clinton Widens Lead Over Obama In Pennsylvania, Quinnipiac University Poll Finds; Momentum Shifts To Her, But Racial Split Grows  —  The momentum in the Pennsylvania Democratic primary battle has shifted back to New York Sen. Hillary Clinton, who now leads Illinois Sen. Barack Obama 53 …