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11:35 AM ET, May 20, 2009

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Eric Bailey / Los Angeles Times:
California voters kill budget measures  —  Only salary curbs survive in a rout of Schwarzenegger's slate of reforms  —  Reporting from Sacramento — The “big five” elected leaders — Schwarzenegger and the legislative chieftains from both houses — are slated to begin closed-door meetings today upon …
Megan McArdle:
Is California Too Big to Fail?  —  So what about California?  A reader asks.  Ummm, that's a tough one.  No, wait, it's not: California is completely, totally, irreparably hosed.  And not a little garden hose.  More like this.  Their outflow is bigger than their inflow.
Jennifer Steinhauer / New York Times:
Calif. Voters Reject Measures to Keep State Solvent  —  LOS ANGELES — A smattering of California voters on Tuesday soundly rejected five ballot measures designed to keep the state solvent through the rest of the year.  —  The results dealt a severe setback to the state's fragile fiscal structure …
Matthew Yi / San Francisco Chronicle:
Defeat is sharp rebuke to governor, Legislature  —  (05-19) 22:42 PDT Sacramento — California voters on Tuesday soundly rejected a package of ballot measures that would have reduced the state's projected budget deficit of $21.3 billion to something slightly less overwhelming: $15.4 billion.
Juliet Williams / Associated Press:
Schwarzenegger's 3rd budget reform attempt flops
The Politico:
Obama, Cheney plan dueling speeches  —  President Barack Obama will attempt to regain control of a boiling debate over anti-terrorism policy with a major speech on Thursday—an address that comes on the same day that former Vice President Cheney will be weighing in with his own speech on the same theme.
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Ben Smith / The Politico:
Obama's biggest critic: Krauthammer  —  The dinner guest that night at George Will's house in Chevy Chase was intellectually nimble, personally formidable and completely baffling, recalled columnist Charles Krauthammer - who was getting his first up-close look at President-elect Barack Obama.
Newt Gingrich / Human Events:
Why Pelosi Should Step Down  —  The case against Nancy Pelosi remaining Speaker of the House is as simple as it is devastating:  —  The person who is No. 2 in line to be commander in chief can't have contempt for the men and women who protect our nation.  America can't afford it.
Andy Barr / The Politico:
Kaine to Pawlenty: Drop Coleman
Discussion: TPMDC and The Page
Rep. Mac Thornberry / The Politico:
Pelosi's job? National security first
Discussion: Crooks and Liars
Carl Hulse / New York Times:
Advocates of Gun Rights Are Poised for a Victory  —  WASHINGTON — Advocates of gun rights are poised to win a Congressional victory that eluded them under a Republican president.  —  To the frustration and discouragement of many Democrats, House and Senate lawmakers and aides …
David M. Herszenhorn / New York Times:
Democrats in Senate Block Money to Close Guantánamo  —  WASHINGTON — In an abrupt shift, Senate Democratic leaders said on Tuesday that they would not provide the $80 million that President Obama requested to close the detention center at Guantánamo Bay, Cuba.
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Steve Benen / Washington Monthly:
A LEADER WHO WON'T LEAD.... Hilzoy mentioned this overnight …
Discussion: Think Progress and The Reaction
Satyam Khanna / Think Progress:
Reid: Guantanamo Detainees Should Not Be Held In U.S. Prisons
Associated Press:
Clinton: Iran can't have nuclear arms capability  —  WASHINGTON - Secretary of State Hillary Rodham Clinton said Wednesday that a nuclear-armed Iran is “going to spark an arms race” in the Middle East.  —  In an appearance before a Senate Appropriations panel, Clinton reiterated …
Discussion: The Page
RELATED:
Eli Lake / Washington Times:
EXCLUSIVE: U.S., Israel forming working group on Iran
Discussion: Ben Smith's Blog and Wonk Room
Nico Hines / Times of London:
Ahmadinejad claims Iran's new missile is capable of hitting Israel
Discussion: New York Times and The Page
Dana Milbank / Washington Post:
Washington Sketch: When Steele Talks, Republicans Check Their BlackBerrys  —  Republican National Committee Chairman Michael Steele, working the room at a luncheon gathering of party officials yesterday, had the same parting words for each man he met: “Stay out of trouble.”
RELATED:
Peter Hamby / CNN:
RNC showdown over ‘socialist’ resolution may be avoided
Discussion: PostPartisan and The Plank
Eric Zimmermann / The Hill:
Clinton-era hard drive missing from archives  —  A massive amount of sensitive, national security-related information from the Clinton administration has gone missing from the national archives.  —  The Inspector General of the National Archives and Records Administration (NARA) …
RELATED:
David Johnston / New York Times:
Investigation Into Huge Loss of Computerized Clinton Data
Discussion: Newsweek Blogs
Maureen Dowd / New York Times:
Cheney Grabs a Third Term  —  Dick and Rummy are at Cafe Milano in Georgetown, holding court.  The maître d' fawns.  Waiters hover.  Tourists snap pics on their digital cameras.  Cable chatterers stop by to ingratiate themselves.  —  It isn't so much that Dick and Rummy are back.
ABCNEWS:
America's Richest Givers Hold Secret Meeting  —  Oprah, Gates, Buffett Gather in NY to Compare Notes About Charity, Economy  —  Under a cloak of secrecy, some of the world's wealthiest people gathered in an unprecedented meeting early this month in New York City possibly to coordinate strategies …
Discussion: The Impolitic and Don Surber
Michael Gerson / Washington Post:
Democrats' Assault On the CIA  —  In a little over 100 days, the Obama administration and the Democratic Congress have delivered a series of blows to the pride and morale of the Central Intelligence Agency.  —  It began with the release of the Justice Department memos …
C. J. Chivers / New York Times:
Arms Sent by U.S. May Be Falling Into Taliban Hands  —  KABUL — Insurgents in Afghanistan, fighting from some of the poorest and most remote regions on earth, have managed for years to maintain an intensive guerrilla war against materially superior American and Afghan forces.
Theresa Cook / Legalities:
Judge Wood Goes to Washington  —  Just two days after Michigan Gov. Jennifer Granholm's sudden appearance in Washington set off a flurry of speculation about Supreme Court interviews, here's something that actually could be significant:  —  Federal Appears Court Judge Diane Wood …
Quinnipiac University:
Christie Has 23-Point Lead In New Jersey GOP Primary, Quinnipiac University New Jersey Poll Finds; Corzine, With Low Approval, Gains No Ground On Christie  —  Two weeks before the primary in the New Jersey Governor's race, former federal prosecutor Christopher Christie leads former Bogota …
Discussion: Taegan Goddard's … and TPMDC
Michael Barone / Washington Examiner:
Why the U.S. should listen to India's voters  —  Last November 131, million Americans voted, and the whole world took notice.  Over the last month, about 700 million Indians voted, and most Americans, like most of the world, didn't much notice.  To be sure, American elections are more important …
Discussion: Power Line and Fausta's Blog
Washington Post:
U.S. May Add New Financial Watchdog  —  The Obama administration is actively discussing the creation of a regulatory commission that would have broad authority to protect consumers who use financial products as varied as mortgages, credit cards and mutual funds, according to several sources familiar with the matter.
Ian Talley / Wall Street Journal:
Need for Speed (Read) to Pass Climate Bill  —  WASHINGTON — Democrats in the House Energy and Commerce Committee have taken a novel precaution to head off Republican efforts to slow action this week on a sweeping climate bill.  They are hiring a speed reader.
Kbh / KeithHennessey.com:
Understanding the President's CAFE announcement  —  (Editorial note: I was doing so well moving to shorter posts.  I fail miserably in achieving that goal here.  I went the comprehensive route instead.  I promise to return to shorter posts in the future.  Buckle up - this is a long ride.
Discussion: American Power
 
 
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 More Items: 
Robert Boczkiewicz / Pueblo Chiefton:
Coloradan may be considered for high court
Kim Zetter / Threat Level:
FBI Use of Patriot Act Authority Increased Dramatically in 2008
Discussion: Ars Technica and TalkLeft
BBC:
Japan's economy in record plunge
Discussion: Biased BBC
 Earlier Items: 
New York Times:
U.S. Weighs How to Let Banks Give Money Back
Wall Street Journal:
‘Terrorizing’ Bankers in Foreclosure Fight
Discussion: RedState
Fredreka Schouten / USA Today:
Several Bush officials work in areas related to former jobs
Discussion: Think Progress
Ed Gillespie / Washington Post:
Judging Obama's Nominee
 

 
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