The Note’s Must-Reads for Friday, February 4, 2011

By Jayson

Feb 4, 2011 5:06am

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 Digital News Associates and Desk Assistants Jayce Henderson, Jacqueline Fernandez, Claudia Morales and Carrie Halperin

FOREIGN AFFAIRS / EGYPT PROTESTS:
ABC News’ Jake Tapper: “Administration Officials Discussing Various Scenarios for Mubarak Exit” U.S. officials are discussing a number of possible scenarios for Egyptian President Hosni Mubarak, with one of them being Mubarak stepping down very soon and an interim government being formed, headed by Vice President Omar Suleiman working with the military to steer Egypt toward elections, officials told ABC News. LINK

ABC News’ Matthew Jaffe: “In Symbolic Move, Senate Passes Resolution on Egypt Crisis” The Senate tonight passed a bipartisan resolution from a pair of influential lawmakers calling on Egyptian President Hosni Mubarak to immediately start transferring power to an interim government. LINK

The Washington Post’s Felicia Sonmez: “Senate passes resolution calling on Hosni Mubarak to begin transfer of power in Egypt” The Senate on Thursday passed a resolution supporting democracy in Egypt and calling on President Hosni Mubarak to begin the process of transferring power and creating a caretaker government as attacks on anti-government protesters entered their second day. LINK

The New York Times’ Helene Cooper and Mark Landler: “White House, Egypt Discuss Plan for Mubarak’s Exit” The Obama administration is discussing with Egyptian officials a proposal for President Hosni Mubarak to resign immediately and turn over power to a transitional government headed by Vice President Omar Suleiman with the support of the Egyptian military, administration officials and Arab diplomats said Thursday. LINK

The New York Times’ Anthony Shadid: “Crackdown in Egypt Widens but Officials Offer Concessions” The Egyptian government on Thursday broadened its crackdown on a 10-day uprising that has shaken its rule, arresting journalists and human rights advocates across an edgy city, while offering more concessions in a bid to win support from a population growing frustrated with a devastated economy and scenes of chaos in the streets.. LINK

The  Hill’s Josiah Ryan: “Kerry, McCain pass resolution calling for transition in Egypt” Two key senators offered and passed a resolution on Thursday that calls for Egyptian President Hosni Mubarak to hand over power to a caretaker government. The resolution offered by Senate Foreign Relations Committee Chairman John Kerry (D-Mass.) and Sen. John McCain (R-Ariz.) also call for elections and urges that Egypt’s military demonstrate “maximum professionalism and restraint” in working to restore order. LINK

USA Today’s Mimi Hall and Richard Wolf: “Transition could weaken U.S. anti-terror efforts” Egypt's role in aiding U.S. counterterrorism efforts across the Middle East — through intelligence assistance, interrogation tactics and more — could be diminished after a new government takes hold in Cairo, intelligence experts say.LINK

Bloomberg’s Ahmed A Namatalla and Vivian Salama: “Egypt Braces for More Violence as Mubarak Refuses to Quit” Egyptians poured into Cairo’s Tahrir Square before Friday prayers, raising the prospect of an escalation in violence as protesters angered by a government crackdown reject overtures from President Hosni Mubarak. Opposition groups repeatedly chanted the word “illegitimate” and called today “the day of departure.” LINK

Politico’s Glenn Thrush: “White House working on exit for Hosni Mubarak” The White House is working to negotiate a peaceful and immediate exit for Egyptian President Hosni Mubarak, who under one scenario would be replaced by a caretaker military government before potentially bloody demonstrations take place in Cairo on Friday, according to administration officials. LINK

GOP / BUDGET:
The Wall Street Journal’s Janet Hook and Corey Boles: “House GOP Plan Would Require Big Cuts” House Republican leaders on Thursday proposed cutting more than $30 billion from government spending for the remaining eight months of the fiscal year. Their approach could mean big reductions for virtually all federal agencies other than the Pentagon. LINK

OTHER:
ABC News’ Jake Tapper: “Valerie Jarrett Mistakes Vice Chief of Staff of Army for Waiter” A faux pas in front of a crowded room – even an off-the-record one – can be cruel.  At a black tie event over the weekend, White House senior adviser Valerie Jarrett mistook the vice chief of staff of the Army for a waiter and asked him to get her a drink. She was, sources said, mortified when she later realized her mistake. LINK

ABC NEWS VIDEOS:
Mark Kelly: ‘Everyday She Gets A Little Bit BetterLINK
Obama to Mark Kelly: ‘We Are With You For The Long Haul’LINK

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