It may be easy to miss, Rutenberg points out: "The Democratic Party had only $5.3 million in the bank at the end of March -- when the Republican National Committee had $31 million -- and its new campaign is limited, costing about a million dollars for three weeks on the cable networks."
The RNC wants it pulled down: "The Republican National Committee, calling the ad an illegal misrepresentation of McCain's statement, is calling on television networks and stations to pull it," per the Chicago Tribune's Mark Silva.
President Bush holds a 10:30 am ET press conference at the White House. From Press Secretary Dana Perino: "He will deliver an opening statement (approximately 8 minutes long) regarding Americans' understandable anxiety about issues affecting their pocketbooks. He will also call upon Congress to send him sensible and effective bills that will help Americans weather this difficult period and keep our country moving forward."
Obama on Tuesday retreats to hoops: He got a tour of the Dean Dome with UNC Coach Roy Williams, and played early b-ball with members of the men's team (including NCAA player of the year Tyler Hansbrough -- and no, Obama didn't sink a single basket).
Then it's a full day of Tarheel campaigning, with a pre-taped appearance alongside his wife on Rachael Ray's program mixed in -- more fun visuals (he hopes) to replace loops of the loopy Wright.
Bill Clinton is also in North Carolina, while Sen. Clinton hits Indiana, where her 3 pm ET meeting with the Indianapolis Star editorial board will be Webcast live.
Get all the candidates' schedules in The Note's "Sneak Peek."
Also making news:
The third branch makes things interesting: "By a 6-3 vote in a closely watched election-year case, the Supreme Court on Monday upheld Indiana's strict voter-identification law, rejecting the claims of Democratic and civil-rights challengers that the law infringes on the right to vote," Joan Biskupic writes for USA Today.
Watch for more. "Voters across the nation may soon find themselves having to show a government-issued ID before casting their ballots as a result of a U.S. Supreme Court decision Monday upholding Indiana's voter ID law," Maureen Groppe reports in the Indianapolis Star.
"The Supreme Court's decision Monday to uphold Indiana's photo ID law in elections will permit Republican-dominated legislatures in nearly a dozen other states to pass legislation that liberal political advocates say will disenfranchise poorer, Democratic-leaning voters," McClatchy's Greg Gordon writes.
The impact could be immediate, given the fact that it was an Indiana case: The ruling hands Obama "a serious setback days before a pivotal primary battle," The Hill's Alexander Bolton reports. "The voter ID law would disproportionately affect African-Americans and 18- to 34-year-old voters, two important constituencies for Obama."
A pro-Clinton 527 is pumping $700,000 into an Indiana campaign targeting Obama on the economy, Greg Sargent reports for Talking Points Memo.
The Boston Globe's Peter Canellos finds Obama (perhaps purposefully) fuzzy on affirmative action: "Affirmative action isn't a vision, but a policy designed to give preferences to students whose opportunities have been limited by past discrimination," Canellos writes. "Obama left unclear whether he was talking about creating actual written affirmative-action plans to favor lower-income whites, Hispanics, women, or others whose circumstances may be less fortunate."