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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
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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

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:
Outside the Beltway, The Reaction, National Review and Le·gal In·sur·rec· tion

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.


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

Rep. Paul Ryan Rips Obama's Jobs Plan; Herman Cain Defends His ‘999’ Tax Proposal
Discussion:
Crooks and Liars and Campaign 2012

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:
Power Line, Alan Colmes' Liberaland, Weasel Zippers, Michelle Malkin and Taylor Marsh
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Black caucus head treads line between criticizing, supporting Obama
Discussion:
The Politico, YID With LID, The Crawdad Hole, The Raw Story and Hot Air

W.H. pushes back hard at Suskind
Discussion:
Gawker, Politics, New York Magazine, Betsy's Page, The Crawdad Hole and National Review


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 …
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Republican front-runners Mitt Romney, Rick Perry come from different worlds — The Republican Party has produced as front-runners for the presidential nomination two men just three years apart in age, but who otherwise are about as different as possible — in style, substance, biography and their appeals to voters.
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Egghead and Blockheads
Discussion:
Don Surber, CANNONFIRE, The Moderate Voice, Northern Reflections and Althouse

Rick Perry, Uber Texan
Discussion:
And So it Goes in Shreveport, Mediaite, Hot Air, The Crawdad Hole, Althouse and Connecting.the.Dots


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

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
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Palestinian envoy: UN petition for membership will be presented Fri.
Discussion:
The Politico and Reuters


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

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


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