The Note’s Must-Reads for Monday, April 11, 2010

By Jayson

Apr 11, 2011 3:37am

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, Claudia Morales, Jacqueline Fernandez and Ben Waldron

PRESIDENT OBAMA / NATIONAL DEBT:
The Wall Street Journal’s Carol E. Lee and Damian Paletta: “Obama Puts Taxes on Table” President Barack Obama will lay out his plan for reducing the nation's deficit Wednesday, belatedly entering a fight over the nation's long-term financial future. But in addition to suggesting cuts—the current focus of debate—the White House looks set to aim its firepower on a more divisive topic: taxes. LINK

USA Today’s Mimi Hall: “Obama turns next to cutting deficit” President Obama plans to outline a fresh multiyear plan to cut the federal deficit by raising taxes on the wealthy and limiting government health benefits for the poor and elderly in what the White House says will be a major speech to the nation Wednesday. LINK

The Washington Time’s Sean Lengell: “House GOP targets Obama regulatory policies” House Republicans waged a two-fronted attack on President Obama’s agenda last week by passing measures to repeal rules regarding Internet “neutrality” and the regulation of greenhouse gases. LINK

The New York Times’ Jackie Calmes: “Obama to Call for Broad Plan to Reduce Debt” President Obama will call this week for Republicans to join him in writing a broad plan to raise revenues and reduce the growth of popular entitlement programs, as the battle over the nation’s financial troubles moves past Friday’s short-term budget deal and into a wider and more consequential debate over the nation’s long-term fiscal health. LINK

The Washington Post’s Zachary Goldfarb: “Obama’s new approach to deficit reduction to include spending on entitlements” President Obama this week will lay out a new approach to reducing the nation’s soaring debt, proposing reductions in spending on entitlements such as Medicare and Medicaid and renewing his call for tax increases on the rich. LINK

The Hill’s Jason Millman: “Shutdown averted, all eyes shift to 2012 budget and debt ceiling” With lawmakers and the administration coming together on Friday to avert a government shutdown, all eyes are turning to the debt ceiling and the 2012 budget as the next major political battles. It was made clear on Sunday that the two issues will be linked going forward as all parties try to capitalize on momentum from this week’s deal to keep the government running over the next six months. LINK

The Hill’s Jamie Klatell: “Republicans knock Obama's leadership on budgets and spending cuts” With an agreement reached between congressional leaders and the White House to avert a government shutdown, Republicans and Democrats took to the airwaves Sunday to parse how President Obama is handling the nation's fiscal future. Republicans argued that Obama's leadership has been largely absent — a charge that Republicans have made before on this and other issues. LINK

The Boston Globe’s Matt Viser: “Obama, GOP look to rein in benefits” President Obama will call this week for new curbs on Medicare and Medicaid spending, an aide said yesterday, while a top House Republican predicted that a bipartisan deal on reducing Social Security costs is possible this summer. “You’re going to have to look at Medicare and Medicaid and see what kind of savings you can get,’’ Obama adviser David Plouffe said yesterday on NBC’s “Meet the Press.’’  LINK

Politico’s Jonathan Allen: “Budget battles move to new fiscal turf” As they work to clear the decks of last year’s spending bills and start the fight over this year’s batch, President Barack Obama and Congress are scrambling to gain a political edge on what has been termed the “Armageddon” of budget policy battles — an increase in the statutory cap on the national debt.  LINK

DEMOCRATS / GOP:
ABC News’ Rick Klein: “Debt Fight Brings Political Knives” In the great spending wars of 2011, there's no rest for the very weary. The compromise that averted a government shutdown late Friday night has among its hallmarks the distinction of being the type of agreement that both sides attacked before they came around to embrace it. LINK

Newsweek’s Jonathan Chait: “War on the Weak” Last week the Republican Party sounded two distinct voices. First we heard the angry demands of the Tea Party, speaking through its hardline conservative allies in the House, pushing the government to the brink of a shutdown. But then emerged the soothing tones of Paul Ryan, the House Budget Committee chairman, who fashions himself the intellectual leader of the party, unveiling a budget manifesto he calls the “Path to Prosperity.” LINK

HEALTH CARE:
The LA Times’ Lisa Mascaro: “Budget rivals look to future of Medicare, Medicaid”  As Capitol Hill negotiators fleshed out details of last week's epic budget deal, Democrats and Republicans prepared for the next set of confrontations over federal spending, including the future of Medicare and Medicaid. White House officials said President Obama would present his long-term debt-reduction strategy Wednesday in a speech that would include his insistence that the nation could not afford to preserve George W. Bush-era tax cuts for the wealthiest Americans. LINK

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