Top Items:
Sam Youngman / The Hill:
Obama to propose $3T in cuts, pledge to veto tax cuts for wealthy — President Obama on Monday will unveil his vision for deficit reduction and tax reform in the Rose Garden, threatening to veto any bills that don't raise taxes on the wealthy and corporations.
Discussion:
The Politico and New York Magazine
RELATED:
Helene Cooper / New York Times:
Obama Deficit Plan Cuts Entitlements and Raises Taxes on Rich — WASHINGTON — President Obama will unveil a deficit-reduction plan on Monday that uses entitlement cuts, tax increases and war savings to reduce government spending by more than $3 trillion over the next 10 years, administration officials said.
Discussion:
Prairie Weather
Zachary A. Goldfarb / Washington Post:
Obama's debt-reduction plan: $3 trillion in savings, half from new tax revenue — President Obama will announce a proposal on Monday to tame the nation's rocketing federal debt, calling for $1.5 trillion in new revenue as part of a plan to find more than $3 trillion in budget savings over a decade, senior administration officials said.
Discussion:
ThinkProgress, Outside the Beltway, The Reaction, National Review and Le·gal In·sur·rec· tion
Brian Knowlton / New York Times:
Republicans Call Obama's Tax Plan ‘Class Warfare’ — WASHINGTON — President Obama's proposal to impose a minimum tax rate on those who earn more than $1 million a year was met with derision Sunday by Republican lawmakers, who said it amounted to “class warfare” and a political tactic intended …
Discussion:
AMERICAN FUTURE, The Huffington Post, Runnin' Scared, Mother Jones and Gawker
Wall Street Journal:
New Obama Deficit Plan — Half of $3 Trillion in Savings to Come From More Taxes; GOP Opposes Fresh Levies — President Barack Obama is expected to offer a new plan to reduce the federal deficit by about $3 trillion over a decade, roughly half of which would come from tax increases, people familiar with the proposal said.
Discussion:
Los Angeles Times, ourfuture.org/blogs_chrono/*, Hullabaloo, The Political Carnival and The Page
Chris Wallace / Fox News:
Rep. Paul Ryan Rips Obama's Jobs Plan; Herman Cain Defends His ‘999’ Tax Proposal
Rep. Paul Ryan Rips Obama's Jobs Plan; Herman Cain Defends His ‘999’ Tax Proposal
Discussion:
Crooks and Liars and Campaign 2012
Alicia M. Cohn / The Hill:
Cleaver: If Obama wasn't president, we would be ‘marching on the White House’ — Unhappy members of the Congressional Black Caucus “probably would be marching on the White House” if Obama were not president, according to CBC Chairman Rep. Emanuel Cleaver (D-Mo.).
Discussion:
iOwnTheWorld.com, Power Line, Alan Colmes' Liberaland, Michelle Malkin, Weasel Zippers and Taylor Marsh
RELATED:
David Goldstein / MiamiHerald.com:
Black caucus head treads line between criticizing, supporting Obama
Black caucus head treads line between criticizing, supporting Obama
Discussion:
The Politico, YID With LID, The Crawdad Hole, The Raw Story and Hot Air
Mike Allen / The Politico:
W.H. pushes back hard at Suskind
W.H. pushes back hard at Suskind
Discussion:
Gawker, Politics, New York Magazine, Betsy's Page, The Crawdad Hole and National Review
Thomas L. Friedman / New York Times:
Israel: Adrift at Sea Alone — I'VE never been more worried about Israel's future. The crumbling of key pillars of Israel's security — the peace with Egypt, the stability of Syria and the friendship of Turkey and Jordan — coupled with the most diplomatically inept and strategically incompetent government …
Discussion:
THE ASTUTE BLOGGERS, ThinkProgress, Israel Matzav, YID With LID, Elder of Ziyon and Salon
RELATED:
Anthony Shadid / New York Times:
Turkey Predicts Alliance With Egypt as Regional Anchors
Turkey Predicts Alliance With Egypt as Regional Anchors
Discussion:
Outside the Beltway and Guardian
John T. Bennett / The Hill:
Palestinian envoy: UN petition for membership will be presented Fri.
Palestinian envoy: UN petition for membership will be presented Fri.
Discussion:
The Politico and Reuters
Steve Chapman / Chicago Tribune:
Why Obama should withdraw — When Ronald Reagan ran for re-election in 1984, his slogan was “Morning in America.” For Barack Obama, it's more like midnight in a coal mine. — The sputtering economy is about to stall out, unemployment is high, his jobs program may not pass …
RELATED:
Henry K. Lee / San Francisco Chronicle:
Michelle Le search turns up body in Sunol Canyon — Sunol — Ten days after Hayward police arrested a woman on suspicion of murdering a nursing student whose body has not been found, a volunteer searcher discovered human remains Saturday in rural Alameda County.
Discussion:
ABCNEWS, Scared Monkeys, L.A. NOW and Associated Press
Jeff Zeleny / New York Times:
Republican Calls for a More Honest Debate — WASHINGTON — Four months after he decided against jumping into the Republican presidential race, Gov. Mitch Daniels of Indiana says that he has occasionally been frustrated by the discourse in the campaign and that the field could benefit …
Discussion:
The Hill, CBS New York and The Politico
Paul Krugman:
Hysteresis Begins — The slump in the United States and other advanced economies is the result of a failure of demand — period, end of story. All attempts to claim that it is somehow structural, or maybe the result of reduced incentives to produce, have collapsed at first contact with the evidence.
Discussion:
Firedoglake and Hullabaloo
Laura Myers / Las Vegas Review-Journal:
Democrats face 2012 worried about Obama's low ratings … One Nevada Democratic Party insider offered this tip for candidates running for public office in 2012: “Don't get your picture taken with President Obama,” he said. — At least not while Barack Obama's approval ratings remain in the tank …
Discussion:
National Review
Daniel Yergin / Wall Street Journal:
There Will Be Oil — For decades, advocates of ‘peak oil’ have been predicting a crisis in energy supplies. They've been wrong at every turn, saysDaniel Yergin. — Since the beginning of the 21st century, a fear has come to pervade the prospects for oil, fueling anxieties about the stability of global energy supplies.
Discussion:
Erick's blog, RedState and CARPE DIEM