The Note’s Must-Reads for Tuesday, March 31, 2009

Mar 31, 2009 5:16am

The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com

Compiled by ABC News’ PETER MARTINEZ, CARRIE HALPERIN, KRISTEN RED-HORSE, JAYCE HENDERSON, JUSTIN GRANT and LAURA GREENE

BOOKMARKS:

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PRESIDENT OBAMA AND THE ECONOMY:

ABC News Analysis by Gary Langer: "’Right Direction’ Rating Advances With Drop in Economic Pessimism" LINK

ABC News’ Jake Tapper: "GOO-GOO-GA-GOOLSBEE!!" LINK

The Los Angeles Times’ Peter Wallsten and Jim Tankersley: "Obama takes step over the line that separates government from private industry" LINK

The Hill’s Jared Allen and Walter Alarkon: "Obama Asks For Budget Momentum From Dems" LINK

The Hill’s Jared Allen: "House Democratic Factions Consider Offering Their Own Budget Proposals" LINK

Politico’s Patrick O’connor: "Dems Pressed On Health, Energy" LINK

Bloomberg’s Craig Torres and Lizzie O’Leary: “Fed Takes Lead Role in Executing ‘Stress Tests’ of U.S. Banks” LINK

The Washington Post’s Perry Bacon Jr.: “Ex-Commerce Nominee Now Top Budget Critic” LINK

The New York Times’ Carl Hulse: “Obama Goes to Lawmakers on Budget” LINK

The New York Daily News’ Jane Ridley: "It might be G-20, but London is all about ‘The One’" LINK

PRESIDENT OBAMA AND THE AUTO INDUSTRY:

ABC News’ George Stephanopoulos: "White House: Bankruptcy May Be Leading Option for GM" LINK

ABC News’ Jake Tapper, Charles Herman and Karen Travers: "GM’s Rick Wagoner Gone, but Carmaker’s Problems Remain" LINK

The World Newser: "Is GM Headed to Bankruptcy?" LINK

USA Today’s Sharon Silke Carty: "GM’s future at stake as Obama’s team steps in" LINK

USA Today’s Chris Woodyard: "To get federal help, Chrysler has 30 days to do Fiat deal" LINK

The Los Angeles Times’Ken Bensinger: "Plan for GM may involve bankruptcy" LINK

The Hill’s Sam Youngman and J. Taylor Rushing: "President Obama’s Auto Plan Throws Lawmakers" LINK

Politico’s Jim Vandehei & Mike Allen: "Carrots for Banks, Sticks For Autos" LINK

Politico’s Lisa Lerer & Martin Kady Ii: "Detroit Plan Has GOP All Over The Map" LINK

The Wall Street Journal’s Jeffrey Mccracken, John D. Stoll and Neil King Jr.: “U.S. Threatens Bankruptcy for GM, Chrysler” LINK

The Wall Street Journal’s Neil King Jr. and Joseph B. White: “Tough Auto Measures Carry Political Risks for the President” LINK

The Wall Street Journal’s Matthew Dolan: “Blame Is Put on Management, but Hourly Workers, Retirees Face More Pain” LINK

Bloomberg’s Keith Naughton: “Ford May Flip to Laggard from Leader If Obama Gets GM Healthy” LINK

Bloomberg’s Jeff Green: “GM Must ’Do More and Do It Faster’ as Bankruptcy Threat Grows” LINK

Time Magazine’s Massimo Calabresi: “Obama’s Auto Odd Couple: Trying to Save GM and Chrysler” LINK

The Washington Times’ Patrice Hill: “Bankruptcy still looms for GM, Chrysler” LINK

The Washington Times’ Andrea Billups: “Motown suffers from Wall Street envy” LINK

Washington Post’ Op-Ed by Richard Cohen: “The Wheels Are Off: Stop Pouring Money Into GM and Chrysler” LINK

Washington Post Columnist Dana Milbank: “Washington Sketch: No Nominee Yet for Secretary of Rustproofing” LINK

The New York Times’ Sheryl Gay Stolberg and Bill Vlasic: “President Gives U.S. Carmakers a Short Lifeline” LINK

The New York Times’ Bill Vlasic and Nick Bunkley: “U.S. Sees a Smaller Future for G.M. Than G.M. Does” LINK

New York Times Editorial: “The Last Best Chance for Detroit” LINK

The New York Daily News’ Kenneth Bazinet: "Obama says GM, Chysler need to do more to save themselves" LINK

PRESIDENT BARACK OBAMA AND HIS ADMINISTRATION:

ABC News’ Jake Tapper: "Is There a War on the Term ‘War on Terror’" LINK

ABC News’ Kirit Radia: "Obama Administration Sudan Envoy Headed to Region" LINK

The Associated Press: "Obama signs Reeve bill on paralysis research" LINK

The Los Angeles Times’ Richard Boudreaux: "Israel’s incoming prime minister says he can work with Obama" LINK

The Los Angeles Times’ Josh Meyer and Anna Gorman: "Homeland Security shifts focus to employers" LINK

The Los Angeles Times’ Paul Richter: "Obama administration ditches ‘war on terror’ phrase" LINK

The Hill’s Bridget Johnson: "Experts: Obama Needs To Watch The Gaffes" LINK

Politico’s Mike Allen: "Obama Hits E-Campaign Trail" LINK

The Washington Post’s Jon Cohen and Dan Balz: “Blame for Downturn Not Fixed on Obama” LINK

The New York Times’ Elisabeth Bumiller: “Gates Securing a Role Under Yet Another President” LINK

AIG:

ABC News’ Anna Schecter, Brian Ross and Justin Rood: "The Executive Who Brought Down AIG" LINK

Bloomberg’s Hugh Son: “AIG Workers’ Compensation Rates Probed by 50 State Regulators” LINK

HEALTH:

The Wall Street Journal’s Jane Zhang: “U.S. Acts to Ease Costs of Private Medicare Plans” LINK

SECRETARY OF STATE HILLARY CLINTON:

ABC News’ George Stephanopoulos: "Caught My Eye: Clinton’s ‘Ah-Ha’ Moment" LINK

ABC News’ Kirit Radia: "Hillary Clinton the Tomboy and Her "Ah-Ha" Moment" LINK

ABC News’ Kirit Radia: "Clinton Says New Afghanistan-Pakistan Plan Depends on Diplomacy" LINK

Politico’s Ben Smith: "Hillary and God in Mexico City" LINK

The Wall Street Journal’s Jay Solomon: “U.S. Drops ‘War on Terror’ Phrase, Clinton Says” LINK

Bloomberg’s Indira A.R. Lakshmanan: “Clinton Says Afghan Aid Needs Overhaul as Nations Meet on Plan” LINK

ECONOMY/HOUSING & MORTGAGES/AUTO INDUSTRY/JOBS:

ABC News Nightline: "Closing Arguments: U.S. Heading in Right Direction?" LINK

USA Today’s Bruce Horovitz: "Marketers target job-loss fears, offer relief to consumers" LINK

USA Today’s Jayne O’Donnell: "Incentives to buy new vehicles please auto industry" LINK

FIRST FAMILY:

USA Today’s Maria Puente: "All eyes and cameras follow first lady to Europe" LINK

The New York Daily News’ Michael Saul: "Michelle Obama tells Oprah she’s not pregnant" LINK

CONGRESS:

The Los Angeles Times’ James Oliphant: "Riding the anti-Wall Street wave to Congress?" LINK

The Washington Times’ Edward Felker: “Coal is winner even in ‘green’ Congress” LINK

DEMOCRATS/REPUBLICANS:

The Washington Times’ Editorial Staff: “Rush 1, Obama 0” LINK

ENERGY/ENVIRONMENT:

The Associated Press: "For the White House, Not So Easy Being Greener" LINK

OTHER MUST-READS:

ABC News’ Luis Martinez: "Daily Photo: Potential Flashpoint in Iraq" LINK

ABC News’ Lara Setrakian: "Arab League Embraces Sudanese President Wanted for War Crimes" LINK

ABC NEWS VIDEOS:

"Auto Recovery Stalls" LINK

"George on the Auto Industry" LINK

"National Interest in N.Y. Election" LINK

"GM CEO Rick Wagoner Resigns" LINK

"Obama Unveils GM, Chrysler Plan" LINK

"Geithner on Bank Plan" LINK

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