Webb won't seek reelection  —  Virginia Democratic Senator Jim Webb plans to announce today that he won't seek reelection, the Senator confirmed Wednesday.  —  Webb appeared likely to face a rematch with former Senator George Allen, whom he beat in a bruising 2006 contest.

Patriot Act extension fails in the House by seven votes  —  House Republicans suffered an embarrassing setback Tuesday when they fell seven votes short of extending provisions of the Patriot Act, a vote that served as the first small uprising of the party's tea-party bloc.

Obama's Approval Rating on Deficit Sinks to New Low  —  Egypt ranks among issues on which Obama is best rated  —  PRINCETON, NJ — President Barack Obama's approval rating for handling the federal budget deficit has gone from bad to worse in recent months, even as his ratings …

Arianna Huffington's ideological transformation  —  Did Arianna Huffington just sell out her fellow progressives?  —  In the literal sense, she undoubtedly has: The sale of Huffington Post to AOL for $315 million (including a large pile of cash going to Huffington herself) …

Labor  —  Surveying the GOP's latest efforts to usher forth a particular species of fiscal responsibility, I was recalled to a bit of personal history, which I try to not to think about.  Like a lot of couples, the notice that our family would increase by a half was greeted with great joy.

ABC7 poll: Emanuel leading mayor's race  —  ABC7's exclusive poll on the Chicago mayor's race provides a snapshot of how the candidates are doing as we head into the final two weeks of the campaign.  —  Rahm Emanuel's 54 percent share in the survey suggests an overwhelming lead …

RNC's former Tampa convention team spent $1 million  —  TAMPA - They rented an exclusive waterfront mansion, wined and dined at five-star restaurants and hired family members and friends, all on the taxpayers' dime.  —  Former Republican National Committee Chairman Michael Steele's 2012 convention team based …

Saudi oil reserves ‘overstated by 40%’  —  US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%  —  • Peak oil alarm revealed by secret official talks  —  • Datablog: Are we running out of oil?

Democrats: Justice Thomas should recuse himself in healthcare reform case  —  A group of 73 House Democrats demanded on Wednesday that U.S. Supreme Court Justice Clarence Thomas recuse himself from any case examining the constitutionality of healthcare reform.

Testimony  —  The Economic Outlook and Monetary and Fiscal Policy  —  Before the Committee on the Budget, U.S. House of Representatives, Washington, D.C.  —  Chairman Ryan, Ranking Member Van Hollen, and other members of the Committee, I am pleased to have this opportunity to offer my views …

Apple's New iPad in Production  —  Apple Inc. has started manufacturing a new version of its iPad tablet computer with a built-in camera and faster processor, said people familiar with the matter.  —  The new iPad will be thinner and lighter than the first model, these people said.

Breaking the Sarah Palin Trademark Story: A Lesson in Journalism Ethics … Sometimes a light bulb goes off.  —  One night at 2 a.m. I was reading a story by Matt Lewis about Herman Cain, a possible 2012 presidential candidate from Georgia.  Pursuing the Cain story further …

Plans Near for Freddie and Fannie  —  WASHINGTON — The Obama administration and House Republicans are settling into a game of chicken over Fannie Mae and Freddie Mac, with each side daring the other to advance a plan for replacing the two housing finance companies.

Nelson ‘learning toward’ another Senate run  —  Sen. Ben Nelson has rehired his former campaign manager, sending a strong signal that he will run for reelection in 2012.  —  KETV NewsWatch 7 in Nebraska reports that Nelson has brought back Paul Johnson, the manager of his 2006 Senate campaign.

Rep. Allen West receives plum speaking slot at conservative gathering  —  Freshman Tea Party Rep. Allen West (R-Fla.) will deliver the coveted closing speech on Saturday at the Conservative Political Action Conference (CPAC).  —  West, the headline-grabbing lawmaker and former Army officer …

Chris Matthews Calls Palin ‘A Cuckoo Clock’ and Gingrich ‘A Mortal Enemy to Our Civilization’  —  Former House Majority Leader Dick Armey said Monday that MSNBC's Chris Matthews “seems to be slipping out of touch with reality.”  —  On Tuesday, the “Hardball” host proved Armey's point by calling Sarah Palin …

Culture of corruption: Who's policing Amtrak Joe Biden's $53 billion rail boondoggles?  —  Yesterday, we had a little fun with Amtrak Joe Biden's “seize the future” moment during his rail boondoggle event in Philly.  Today, I take a serious look at the continued politicization and cronyism in the federal rail bureaucracy.