Justices Block Key Part of Campaign Law  —  WASHINGTON (AP) — The Supreme Court has ruled that corporations may spend freely to support or oppose candidates for president and Congress, easing decades-old limits on their participation in federal campaigns.  —  By a 5-4 vote …

Pelosi: There Aren't Enough Votes To Pass The Senate Bill  —  House Speaker Nancy Pelosi just told reporters that she does not believe she has enough votes in the House to pass the Senate health care reform bill as-is — at least not yet.  —  “I don't see the votes for it at this time,” Pelosi said.

Air America goes bankrupt, off air  —  Liberal radio network Air America has gone bankrupt and will cease live programming, the company told employees today.  —  “The very difficult economic environment has had a significant impact on Air America's business.

Specter tells Bachmann to “act like a lady”  —  The deeply odd couple of Sen. Arlen Specter (D-Penn.) and Rep. Michele Bachmann (R-Minn.) appeared together on a Philly radio station yesterday — and things got ugly in short order.  —  Audio link. courtesy RCP.

Edwards admits fathering child with mistress  —  Former presidential candidate promises to support his 2-year-old daughter  —  John Edwards' attorneys say he's been providing financial support for 2-year-old Quinn for about a year, and just signed a child support agreement with Rielle Hunter.

Brown camp won't say whether controversial endorsement is legitimate  —  Scott Brown's campaign will not say whether their candidate has endorsed Bill Hudak, a Republican Congressional candidate in Massachusetts who posted flyers portraying Barack Obama as Osama bin Laden.

White House: Let's Let ‘Dust Settle’ On Health Care  —  The White House will move health care reform to the back burner, in order to “let the dust settle” after Democrats lost their Senate super-majority.  —  Asked today if health care was on the back burner, Press Secretary Robert Gibbs said …

And the failure stories begin  —  If you want to see why letting health-care reform die is a bad idea, look no further than Michael Scherer's story tallying up “Five Ways Obama Went Wrong.”  Scherer hammers Obama for taking on too much, overestimating his mandate, assuming voters would trust the government, and more.

Election 2010: Pennsylvania Senate  —  Pennsylvania Senate: Toomey Leads Specter and Sestak  —  Republican Pat Toomey now leads incumbent Senator Arlen Specter 49% to 40% in Pennsylvania's race for the U.S. Senate.  The latest Rasmussen Reports telephone survey of Pennsylvania voters …

Justice Stevens Stumbles: A Step To Retirement?  —  Justice John Paul Stevens has left some clues he's planning to retire this year, shortly after he turns 90 years old.  He's only hired one law clerk for next term, for example, and not the four that sitting justices typically hire every year.

A Boon For Blogs?  —  Ezra digests the news over the NYT paywall: … I've been doing this for a long while and the only thing I can say about the future of the web and journalism is: I don't know.  —  I can see exactly why big news organizations need to have some subscription money …

Christopher Hitchens reacting to Massachusetts, and non-believer relief to Haiti  —  HH: But we begin as we do when we are lucky on Wednesdays with columnist for Vanity Fair, Christopher Hitchens.  Mr. Hitchens, do you remember an election as surprising as last night's?  —  CH: I'm sure I could if I tried.

President Obama Calls for New Restrictions on Size and Scope of Financial Institutions to Rein in Excesses and Protect Taxpayers  —  WASHINGTON, DC- President Obama joined Paul Volcker, former chairman of the Federal Reserve; Bill Donaldson, former chairman of the Securities and Exchange Commission …