Rep. Paul Ryan Staying in House, Won't Run for U.S. Senate  —  Rep. Paul Ryan, R-Wis., is staying in the House, and won't run for the U.S. Senate, two well-placed GOP sources tell National Journal.  —  Ryan began informing close friends of his decision Tuesday and is expected to announce later in the day.

Schwarzenegger fathered a child with longtime member of household staff  —  His wife, Maria Shriver, moved out of their Brentwood mansion earlier this year after the former governor acknowledged the child was his.  The staff member worked for the family for 20 years, retiring in January.

Fred Malek on the 2012 field  —  GOP veteran big-wig, Fred Malek , dished on the 2012 field on The Daily Rundown today.  —  On Newt Gingrich's spat with Paul Ryan: … But Malek added that Newt was still a viable contender.  —  On Sarah Palin, whom he forged a fairly close, professional friendship with since 2008:

Pakistan and NATO Forces Exchange Fire  —  ISLAMABAD, Pakistan — Pakistani ground troops opened fire on two NATO helicopters that crossed into Pakistan's airspace from Afghanistan early Tuesday morning, the Pakistani Army said in a statement.  A firefight then briefly erupted between NATO forces …

Nearly 20 percent of new Obamacare waivers are gourmet restaurants, nightclubs, fancy hotels in Nancy Pelosi's district  —  Of the 204 new Obamacare waivers President Barack Obama's administration approved in April, 38 are for fancy eateries, hip nightclubs and decadent hotels …

CINDY CRAWFORD FLIP-FLOPS FOR MITT ROMNEY  —  During her modeling career, Cindy Crawford was skilled at switching outfits.  Now, she's switching presidential candidates, it seems.  —  Eric Fehrnstrom, a spokesman for Mitt Romney, took to Twitter Monday to oh-so-subtly boast that Team Romney …

Confidential Federal Audits Accuse Five Biggest Mortgage Firms Of Defrauding Taxpayers [EXCLUSIVE] … WASHINGTON — A set of confidential federal audits accuse the nation's five largest mortgage companies of defrauding taxpayers in their handling of foreclosures on homes purchased …

LED bulbs hit 100 watts as federal ban looms  —  NEW YORK - Two leading makers of lighting products are showcasing LED bulbs that are bright enough to replace energy-guzzling 100-watt light bulbs set to disappear from stores in January.  —  Their demonstrations at the LightFair trade show …

OOPS!  Historic ‘Spending Cut’ Bill Increased Spending By $3 Billion  —  Republicans stormed Capitol Hill in January vowing to slash discretionary spending by $100 billion right off the bat.  In their pledge to America, they promised that, “[w]ith common-sense exceptions for seniors …

Black Confederates Revealed  —  Though they certainly didn't tell anyone: … I've spent much of my adult life studying various theories of race and racism, and the last few years in a rather intensive mode of study.  In all of that time one inescapable conclusion has dogged me: Race is such bulls**t.

Sources: Navy SEALs Knew Bin Laden Mission Was One-Shot Deal  —  WASHINGTON — Those who planned the secret mission to get Usama bin Laden in Pakistan knew it was a one-shot deal, and it nearly went terribly wrong.  —  The U.S. deliberately hid the operation from Pakistan …

Bernard-Henri Lévy Defends Accused IMF Director  —  THE DAILY BEAST ON:  —  No one knows if the IMF director is guilty of sexual assault—and by dragging him through the mud, politicians and the press are committing gross acts of injustice, says French philosopher Bernard-Henri Lévy.

Shared Scarcity versus Renewed Prosperity  —  Thank you so much, Anne, for the kind introduction.  —  I want to thank you all for inviting me to speak.  It was especially gracious of you to host me, even though I'm a Packers fan and I assume most of you are Bears fans.  —  But that doesn't mean we can't work together.