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10:00 AM ET, April 14, 2011

memeorandum

 Top Items: 
Associated Press:
CBO: Budget deal cuts this fiscal year's deficit by just $353 million, not $38 billion touted  —  WASHINGTON — A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent …
RELATED:
Wall Street Journal:
The Presidential Divider  —  Obama's toxic speech and even worse plan for deficits and debt.  —  Did someone move the 2012 election to June 1?  We ask because President Obama's extraordinary response to Paul Ryan's budget yesterday—with its blistering partisanship and multiple distortions …
Paul Krugman:
The Budget Speech  —  Style: I liked the way Obama made a case for government at the beginning.  I liked the way he accused Republicans of pessimism, of abandoning a hopeful vision of America.  Good that he went after the Ryan plan — and good that he went after the cruelty of that plan.
National Review:
Strike One  —  We initially supported the deal House Speaker John Boehner cut with the White House to cut $38.5 billion from the rest of the fiscal year 2011 budget.  It was only a pittance in the context of all of Washington's red ink, but it seemed an acceptable start, even if we assumed it would be imperfect in its details.
The White House:
FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility  —  The President believes that we need a comprehensive, pro-growth economic strategy that invests in winning the future, lays the foundation for strong private-sector job growth and ensures …
Jeff Poor / The Daily Caller:
Krauthammer's take on Obama's budget address: ‘I thought it was a disgrace’  —  It's been just a few hours since President Barack Obama has finished his budget address at George Washington University in Washington, D.C. and there already been significant pushback from the right.
cbpp.org:
Statement: Robert Greenstein, President, on President Obama's Deficit-Reduction Plan  —  President Obama made an important contribution today to efforts to address the nation's long-term fiscal problems, proposing a plan to reduce deficits by about $4 trillion over the next 12 years and meet …
Tim Fernholz / NationalJournal.com:
CBO Says Budget Deal Will Cut Spending by Only $352 Million  —  Rep. Harold Rogers, R-Ky., chairman of the House Appropriations Committee, has boasted that the spending deal provided the biggest budget cuts in history.  —  A Congressional Budget Office analysis of the fiscal 2011 spending deal …
Discussion: Washington Post
Clive Crook / The Atlantic Online:
Obama's Speech Was a Waste of Breath  —  Obama had a difficult assignment in this speech, partly because of the exaggerated hopes for it (see previous post).  Even allowing for that, it was weak both politically and substantively.  My instant unguarded reaction, in fact, was to find it not just weak but pitiful.
New York Times:
Obama's Speech on Reducing the Budget (Text)
Mike Lillis / The Hill:
Dem women will vote for CR despite limits on DC abortions
Discussion: Corrente
Myglesias / Yglesias:
Call The Hostage Takers' Bluff
Discussion: Mother Jones and Free exchange
Washington Post:
Obama unveils framework for cutting deficit by $4 trillion over 12 years
Nicholas D. Kristof / New York Times:
Raise America's Taxes  —  President Obama in his speech on Wednesday confronted a topic that is harder to address seriously in public than sex or flatulence: America needs higher taxes.  —  That ugly truth looms over today's budget battles, but politicians have mostly preferred to run from reality.
RELATED:
David Frum / FrumForum:
Ryan's Budget Gives Obama What He Wants
Allahpundit / Hot Air:
Paul Ryan rips Obama's speech: “Rather than building bridges, he's poisoning wells”
Discussion: Mediaite, TPMDC and Weasel Zippers
Corey Boles / Wall Street Journal:
Ryan Says Deficit ‘Grand Bargain’ Unlikely
Discussion: The New Republic, TPMDC and CNN
Ben Terris / NationalJournal.com:
‘Patriotic Millionaires’ Ask to Be Taxed More  —  If President Obama's deficit-reduction speech today includes a call to end the Bush-era tax cuts for the wealthiest Americans, there will surely be pushback; Republicans have already begun a preemptive attack on raising taxes.
RELATED:
Carl Hulse / New York Times:
As Spending Plan Details Emerge, So Does Dissent
Discussion: USA Today, The Hill and msnbc.com
Shane D'Aprile / The Hill:
Freshmen shrugging off Tea Party primary threats over spending deal
Discussion: AMERICAblog News
Phoenix, Arizona:
Arizona Senate approves ‘birther’ bill  —  PHOENIX - The Arizona Senate has approved a revised bill requiring presidential candidates to prove they are U.S. citizens eligible to run for the office.  —  The bill approved Wednesday gives candidates additional ways to prove they meet the constitutional requirements to be president.
Associated Press:
Santorum forms presidential committee to gauge fundraising potential for WH run  —  MANCHESTER, N.H. — Former Sen. Rick Santorum on Wednesday announced a fundraising committee that allows him to take the first steps toward a presidential campaign.  —  Santorum, a favorite of social conservatives …
RELATED:
Shane D'Aprile / Ballot Box:
Santorum officially ‘testing the waters’
Fox News:
Santorum Announces Presidential Exploratory Committee
Discussion: Fox Nation and The Other McCain
The Politico:
Rick Santorum takes a (small) 2012 step
Discussion: GOP 12
CNBC:
Jobless Claims Unexpectedly Rise; Inflation Pressure Grows  —  New claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, while core producer prices clumbed faster than expected in March, government reports showed on Thursday.
New York Times:
In Financial Crisis, No Prosecutions of Top Figures  —  It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted?
Terence P. Jeffrey / CNSNews:
Gallup: Obama's Approval Drops Below 50 Percent Among Poorest Americans; No Longer Enjoys Majority Approval In Any Income Class  —  (CNSNews.com) - President Barack Obama's approval among the poorest Americans dropped to an all-time low of 48 percent last week, according to the Gallup poll …
Discussion: The Page
Lauraklairmont / CNN:
Trump to make announcement about announcement  —  Washington (CNN) - Proving once again that Donald Trump knows a bit about publicity, the business man and real estate mogul will make an announcement on the season finale of “Celebrity Apprentice” about his intentions on running for the White House.
Discussion: GOP 12
Michael O'Brien / The Hill:
Frank: GOP hates signs of recovery  —  Rep. Barney Frank says GOP is hoping bad economy will weigh down President Obama in 2012.  —  Republicans “hate” signs of any economic recovery because they're hoping a weak economy weighs down President Obama politically in 2012, Rep. Barney Frank (D-Mass.) said Wednesday night.
Jake Tapper / Political Punch:
Throw Grandma From the Train  —  President Obama at the GOP House retreat, January 2010:  —  “We're not going to be able to do anything about any of these entitlements if what we do is characterize whatever proposals are put out there as, 'Well, you know, that's — the other party's being irresponsible.
The Investigative Project on Terrorism:
Keith Ellison's Slurs  —  His emotional testimony, choking back tears as he discussed a Muslim-American first-responder killed on 9/11, garnered national headlines last month for U.S. Rep. Keith Ellison.  —  But two days after a House committee hearing on Muslim radicalization, the Minnesota Democrat had a far more hostile tone.
Discussion: Power Line and Weasel Zippers
Kevin Bogardus / The Hill:
Fireworks expected as Gov. Walker heads to Hill to talk unions  —  Wisconsin Gov. Scott Walker (R) could be in for a rowdy welcome from unions and liberal groups when he comes to Capitol Hill on Thursday to testify about his work on reducing the state's budget deficit.
Discussion: msnbc.com
Ronald Kessler / NewsMax.com:
Exclusive: Trump to Announce His Run for President  —  More ways to share...  Mixx  —  Stumbled  —  LinkedIn  —  Vine  —  Buzzflash  —  Newstrust  —  Technocrati  —  Forward Article  —  If you wonder whether Donald Trump is serious about running for president, tune in to the finale of …
Stephen Ohlemacher / Associated Press:
AP-GfK Poll: Are your taxes fair?  Most say yes  —  WASHINGTON (AP) — For all the complaining this time of year, most Americans actually think the taxes they pay are fair.  —  Not that they're cheering.  Fewer people expect refunds this year than in previous years, a new Associated Press-GfK poll shows.
Discussion: The Politico, Hot Air and msnbc.com
 
 
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 More Items: 
Dennis Cauchon / USA Today:
Share of population working
Discussion: The Politico and Right Wing News
Terence P. Jeffrey / CNSNews:
Obama's Increasing Federal Debt at Rate of $1,148 Per Month Per Household …
Discussion: Moonbattery and Weasel Zippers
Jim Geraghty / National Review:
Obama, Spending Three Times as Fast as Bush, Blames Bush
Alexander Burns / The Politico:
DCCC posts $19.6 million fundraising haul
Discussion: CNN
Guardian:
Goldstone report: Statement issued by members of UN mission on Gaza war
Discussion: New York Times and Israel Matzav
 Earlier Items: 
David Holthouse / Media Matters for America:
“Family Friendly” Machine Gun Festival Welcomes Extremists
Larry O'Connor / Breitbart.tv:
Dem Rep Mocks Tea Party Colleagues With Red Neck Southern Accent
Discussion: theblogprof
Washington Wire:
Text of Obama Speech on the Deficit
Lauraklairmont / CNN:
LensCrafters v. Bachmann