Republicans Lower Goal for Cuts to Budget  —  WASHINGTON — Many people knowledgeable about the federal budget said House Republicans could not keep their campaign promise to cut $100 billion from domestic spending in a single year.  Now it appears that Republicans agree.

Gibbs to Leave as White House Press Secretary  —  Updated Robert Gibbs, the White House press secretary and close confidante to President Obama, said Wednesday that he will step down and become an outside political adviser to the president and his re-election campaign.

Exclusive: President Michele Bachmann?  —  Sources: Tea Party Favorite Is Mulling a Presidential Bid in 2012  —  Forget the fervent chatter speculating that Tea Party favorite Rep. Michele Bachmann is considering launching a campaign to challenge Sen. Amy Klobuchar for the Minnesota U.S. Senate seat …

Tea Party leaders not swayed by Lugar meeting  —  Washington (CNN) - Hoping to head off a primary challenge from the right, Sen. Richard Lugar, R-Indiana, sat down with Tea Party leaders last month but did little to persuade them of his conservative credentials.

Facebook Deal Spurs Inquiry  —  SEC Launches Review of 1960s-Era Disclosure Regulations for Private Firms  —  The Securities and Exchange Commission has begun examining whether disclosure rules for privately held firms need to be rewritten as a result of recent deals allowing investors …

Speaker Pelosi Leaves With a Whopper  —  At her final press conference as House Speaker, Nancy Pelosi (D-CA) said, “Deficit reduction has been a high priority for us.  It is our mantra, pay-as-you-go.”  —  The numbers tell a different story.  —  When the Pelosi Democrats took control …

Repealing health-care reform would cost hundreds of billions of dollars — and Eric Cantor knows it  —  House Republicans are in a pickle: One of their new rules says that new legislation must be paid for.  But the health-care bill reduces the federal deficit by more than $100 billion over the next 10 years.

WikiLeaks: ‘Voluptuous’ nurse cable costs diplomat his job  —  WASHINGTON — In what appears to be the first diplomatic casualty from the latest WikiLeaks revelations, the U.S. ambassador to Libya has returned to Washington and is likely to leave his post, U.S. officials said Tuesday.

Q.&A. With Gov. Mitch Daniels  —  Following are excerpts of my recent interview with Mitch Daniels, the Republican governor of Indiana:  —  Q. ...  what is it that government essentially does too much of now?  What's the common theme here of things that you can get government to stop doing without adversely affecting people's lives?

There He Goes Again  —  Justice Antonin Scalia has a knack for drawing unflattering light to himself and the Supreme Court.  Recall, for example, when he refused to recuse himself from a case involving the energy task force run by Dick Cheney, his friend and duck-hunting companion, when Mr. Cheney was vice president.

The incumbent's advantage  —  In theory, I'm the perfect customer for the Nissan Leaf.  I don't drive frequently.  I don't need a car with much space.  I never need to go farther than 100 miles at a time.  —  But the Nissan Leaf wouldn't work for me at all, as I don't own a garage …