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12:15 PM ET, May 7, 2009

memeorandum

 Top Items: 
Washington Post:
Obama's Budget Knife Yields Modest Trims  —  Plan Likely to Face Tough Fight on the Hill  —  President Obama has said for weeks that his staff is scouring the federal budget, “line by line,” for savings.  Today, they will release the results: a plan to trim 121 programs by $17 billion …
RELATED:
The White House:
Determining What Works, Line by Line  —  OMB Director Peter Orszag tells us about the budget being released today, in particular the volume on Terminations, Reductions, and Savings.  —  We in the Administration have spoken often about the President's Budget heralding a new era of responsibility …
Josh Gerstein / The Politico:
W.H. message: It's the cuts, stupid
Discussion: The Swamp
Andrew Taylor / Associated Press:
White House: Obama seeks hike in domestic spending
Discussion: Politics Daily
George S. McGovern / Wall Street Journal:
The ‘Free Choice’ Act Is Anything But  —  George Meany and binding arbitration.  —  Printer  —  Friendly  —  The recent news that Pennsylvania Sen. Arlen Specter has become a member of the Democratic caucus has given new life to legislation that many thought had been put to rest for this Congress …
RELATED:
Karl Rove / Wall Street Journal:
Republicans and Obama's Court Nominees  —  Senators can use the hearings to talk about judicial restraint.  —  Printer  —  Friendly  —  Few events mobilize as many interest groups and set Washington atwitter as much as a Supreme Court vacancy.  In the Bush White House …
David Weigel / The Washington Independent:
Conservatives Prep Dossiers, Polls for Court Fight
Discussion: Talking Points Memo and Rumproast
Shailagh Murray / Washington Post:
New Deal: Specter Gets a Subcommittee Chairmanship  —  Senate Democratic leaders have reached agreement with Sen. Arlen Specter to partially restore the party switcher's status on the Judiciary Committee, by granting Specter the chairmanship of the Crime and Drugs Subcommittee.
RELATED:
Emily Pierce / Roll Call:
Durbin Offers Up Key Subcommittee Gavel to Specter  —  Senate Majority Whip Dick Durbin (D-Ill.) has offered to give up a powerful subcommittee on the Judiciary Committee for recent Democratic convert, Sen. Arlen Specter (Pa.).  —  The move comes amid growing questions about what Majority Leader Harry Reid …
Karen DeYoung / Washington Post:
National Security Adviser Jones Says He's ‘Outsider’ in Frenetic White House  —  President Obama's national security adviser, James L. Jones, looks for rare opportunities to ride his bike from his McLean home to work at the White House.  On occasion, he has pedaled back across the Potomac River for lunch.
RELATED:
Myglesias / Matthew Yglesias:
Is Anyone Reading the News?  —  This remark, from David Simon as reported by Adam Serwer, seems to me to have the correct focus for fretting about the future of journalism: “The day I run into a Huffington Post reporter at a Baltimore zoning board hearing is the day I will no longer be worried about journalism.”
Discussion: Washington Post and Eschaton
RELATED:
Adam Serwer / American Prospect:   DAVID SIMON AND THE FUTURE OF JOURNALISM PANEL.
Dana Milbank / Washington Post:
Washington Sketch: Newspapers Get Some Old-Fashioned Love in the Senate
Michael Grunwald / Time:
Republicans in the Wilderness: Is the Party Over?  —  These days, Republicans have the desperate aura of an endangered species.  They lost Congress, then the White House; more recently, they lost a slam-dunk House election in a conservative New York district, then Senator Arlen Specter.
Timothy Geithner / New York Times:
How We Tested the Big Banks  —  THIS afternoon, Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Federal Reserve will announce the results of an unprecedented review of the capital position of the nation's largest banks.
RELATED:
The Hill:
Band of centrists forming for Senate GOP in 2010  —  For those writing Republican centrism's obituary after Arlen Specter's party switch, holster your quills.  —  In fact, if the next few weeks go well for the GOP, it might pave the way for a whole new chapter in the left flank of the right-leaning party.
Washington Post:
Obama Offers Compromise on D.C. Tuition Vouchers  —  Tuition Grants Would Continue for Private School Students Already in Program  —  President Obama will propose setting aside enough money for all 1,716 students in the District's voucher program to continue receiving grants …
RELATED:
Washington Post:
D.C. School Vouchers Deserve Congressional Support
Discussion: The Foundry and Let Freedom Ring
George F. Will / Washington Post:
The Obama Administration's Adventures in Running Chrysler and General Motors  —  Gulliver's travels took him to the Academy of Lagado, where “professors contrive new rules and methods” for everything: “One man shall do the work of ten; a palace may be built in a week, of materials so durable as to last forever without repairing.
Discussion: First Draft
RELATED:
Steve Benen / Washington Monthly:
IF AT FIRST THE TALKING POINT DOESN'T SUCCEED.... George …
Discussion: AutoblogGreen
CNN:
Limbaugh to Powell: ‘Become a Democrat’  —  WASHINGTON (CNN) - Rush Limbaugh fired back at Colin Powell for his critical comments earlier this week, saying Wednesday that the former secretary of state should join the Democratic Party.  —  “What Colin Powell needs to do is close the loop …
Wall Street Journal:
Should the GOP Forget Reagan?  —  The Republican Party's unending tale of woe sounds like a friend's account of sitting through the New York Yankees' 22-4 loss to the Cleveland Indians at the new Yankee Stadium April 18.  —  In the 14-run second inning, three Indians hit home runs into the right-field seats, including a grand-slam.
a Baltimore Sun / Baltimore Sun:
Police goof in raid, city stalls on damages  —  Man stymied in pursuit of door repair compensation  —  Andrew Leonard, a 33-year-old chemist who has no criminal record, said he and his wife were frightened and humiliated by a mistaken no-knock raid at their Medfield home.
Discussion: Reason
Phil Kerpen / Fox News:
Hawaii Lawmakers Pass Bill to Create ‘Islam Day’  —  Hawaii's state Senate overwhelmingly approved a bill Wednesday to celebrate “Islam Day” — over the objections of a few lawmakers who said they didn't want to honor a religion connected to Sept. 11, 2001.  —  HONOLULU — Hawaii's state …
 
 
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 More Items: 
Anne Schroeder Mullins / Anne Schroeder's Blog:
Franken schools heckler
John Wojcik / pww.org:
Specter eyes support for Employee Free Choice bill
Alexander Bolton / The Hill:
The president has a friend on right flank
Discussion: The Note
Mike Soraghan / The Hill:
Dem centrists press Pelosi to shelve climate bill
Discussion: D-Day and Washington Post
Ben Smith / Ben Smith's Blog:
Elevating Newt  —  Obama meets today with Al Sharpton …
Discussion: The Swamp and Taegan Goddard's …
 Earlier Items: 
Thomas F. Cooley / Forbes:
Are There Any Rules In The Bailout Game?
Thomas Joscelyn / Weekly Standard:
Congressman: AG Holder Stonewalling on Terrorists' Release
Jerry Seper / Washington Times:
EXCLUSIVE: Records violations ensnare housing nominee
Andrew Clark / Guardian:
Murdoch to charge for news websites
Andy McCarthy / The Corner:
The Torture Follies — Just When You Thought It Couldn't Get Worse ...
 

 
From Mediagazer:

New York Times:
The NBC News-Ronna McDaniel saga highlights the perks and perils of partisan talk TV; a source says McDaniel is now seeking $600K+ for her two year deal

New York Times:
Karlie Kloss' Bedford buys Life publication rights from Dotdash Meredith and plans to resume regular print publication in 2025; Josh Kushner will be publisher

Alexandra Bruell / Wall Street Journal:
The Atlantic is profitable, has 1M subscribers, and revenue grew 10% in 2023 thanks to a 50% price hike, a harder paywall, and a shift to in-depth reporting

 
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