Newt Gingrich had second line of credit at Tiffany and Co.  —  Former House speaker Newt Gingrich had a second line of credit at the high-end jewelry store Tiffany and Co. for as much as $1 million dollars, his presidential campaign acknowledged Tuesday.  —  Joe DeSantis, a spokesman for Gingrich …

Huntsman Campaign Launch Begins Day with Misspelling of His Own Name  —  ABC News' Sarah Kunin (@Sarah_Kunin) reports:  —  Every detail of Jon Huntsman's long-awaited campaign launch was meticulously planned, except of course for one minor detail: the misspelling of the candidate's name.

Libya and America's commitment problem  —  President Obama's missteps on the War Powers Act have created a dangerous leadership vacuum at home and abroad.  —  Libyan rebel fighters take rest after a heavy fight with pro-Moammar Kadafi forces on the front line of Dafniya in Misrata, Libya, June 20.

W.H. flags Drudge-mocked transcript  —  When laughter turns to applause: Welcome to the White House  —  The Drudge Report Tuesday morning cheekily linked to an official White House transcript of President Obama's remarks from a fundraiser the night before, which noted the audience laughing at his jobs claims.

AP NewsBreak: A twist in Obama's health care law  —  WASHINGTON - President Barack Obama's health care law would let several million middle-class people get nearly free insurance meant for the poor, a twist government number crunchers say they discovered only after the complex bill was signed.

Don't Look To The Courts As An Engine Of Social Change  —  Something that I think most people don't realize is that for the vast majority of American history, the judicial branch has been a very conservative elite-dominated institution.  Most people's view of the matter is distorted …

Keeping It Classy at the NRSC … Fox News F**kery, I Heart Ye, Kick Ass, Politics and Culture

Five Points in Perry's Favor  —  Five reasons you might like to see Rick Perry get into the GOP primary race?  Easy.  How about 1.  Mitt Romney; 2.  Tim Pawlenty; 3.  Michele Bachmann; 4.  Herman Cain; 5.  Ron Paul?  Here's five more: Boeing, eBay, DynaPump, SunPower, Fluor.

Straight Talk From Top Enlisted Marine on 'Don't Ask' Repeal  —  The Command Sergeant Major of the Marine Corps, the service's top non-commissioned officer, is supposed to be tough, hard-charging — and more than a little intimidating. … In that respect, Sgt. Maj. Micheal Barrett …

PIMCO Founder To Deficit-Obsessed Congress: Get Back To Reality  —  One of the most influential investors in the world of finance has a message for lawmakers — particularly conservative lawmakers — on Capitol Hill: rejoin the real world.  —  In a prospectus for clients, Bill Gross …

Upper West Side Bagel Legend to Close … At 80th Street and Broadway, the sign is already gone but the aroma of freshly baked bagels still lingers.  —  Inhale it fast, Upper West Siders, because this is it: H & H Bagels, a Sunday stalwart for generations, will close Wednesday.

Website Hulu Considers Sale  —  Web-video site Hulu LLC is weighing whether to sell itself, according to people familiar with the matter, its latest strategic crossroads as the fight over distributing TV content online intensifies.  —  Hulu's board is considering the move after a potential buyer …

Libertarians Aren't All Selfish Jerks  —  They're said to only care about themselves.  So why do they toil for other people's freedom?  —  With the U.S. waging multiple wars, the federal government bigger in size and scope than ever before, and civil liberties under unprecedented attack …

Blue State Schools: The Shame of a Nation  —  When it come to excellence in education, red states rule — at least according to a panel of experts assembled by Tina Brown's Newsweek.  Using a set of indicators ranging from graduation rate to college admissions and SAT scores …

Morning Bell: Pictures of America's Fiscal Nightmare  —  There's urgency in Washington to fix a problem that's been a long time coming: America's fast track to fiscal implosion.  In The Heritage Foundation's just-released, expanded 2011 Budget Chart Book, you can see just how bad …

Olbermann beats CNN in the demo  —  Ratings for splashy debuts should be taken with a grain of salt - especially ones as heavily promoted as Keith Olbermann's debut on Current TV last night - but even with that grain, Current's big bet on Olbermann is looking sound.

Bristol Palin Reveals True Feelings About the McCains, ‘Dancing With the Stars,’ Levi Johnston and More  —  From Levi Johnston to Meghan McCain, Bristol Palin has been put off by a lot of people.  —  In her upcoming memoir, “Not Afraid of Life: My Journey So Far,” the 20-year-old daughter …

Stunning result, twice  —  The result stunned poll director Mark DiCamillo, who said he initially dismissed as an aberration a similar outcome in a March poll that had one of the state's most-popular politicians falling so far from favor.  The nonpartisan Field Poll is considered one of the most reliable surveys in the state.

Pawlenty buys ads in Iowa  —  Tim Pawlenty will become the first Republican candidate to launch a major media buy in Iowa.  —  Pawlenty is going up with ads in the first-in-the-nation caucus state starting tomorrow on Fox News with a buy just under $50,000 in the Cedar Rapids, Des Moines …

Obama versus Osama: guess who the Egyptians prefer?  —  First the good news: U.S. President Barack Obama is more than twice as popular in Egypt as Iranian President Mahmoud Ahmadenijad.  —  Now, the bad news: the American president's standing has never been worse in Egypt, plummeting since 2008 …

Assembly passes concealed carry bill, sends to Walker  —  By Jason Stein of the Journal Sentinel  —  Madison - Wisconsin stands on the verge of becoming the 49th state in the country to allow citizens to carry concealed guns, after the state Assembly made a bipartisan vote to legalize that practice Tuesday.

Gore says extreme weather shows need to take action on climate change  —  Former Vice President Al Gore is sounding the alarm about climate change and extreme weather, pointing to the recent floods along the Mississippi River, drought in Texas and wildfires in Arizona.