The Note’s Must-Reads for Tuesday, May 24th, 2011

By Jayson

May 24, 2011 3:42am

Compiled by ABC News Digital News Associates Claudia Morales, Jacqueline Fernandez, and Desk Assistant Amanda VanAllen

ELECTIONS:
ABC News’  Matthew Jaffe: “Tim Pawlenty Off and Running: "We are going to win it and it's going to start right here in Iowa"” Eight months before the Iowa caucuses, Tim Pawlenty formally kicked off his campaign for president today in Des Moines, denouncing President Obama's policies, touting his record as governor of Minnesota, and promising to tell Americans the "hard truths" even if it hurts. "Fluffy promises of hope and change don't buy our groceries, make our mortgage payments, or pay for our children's clothes," Pawlenty told the crowd at the State Historical Building here. "So in my campaign I'm going to take a different approach. I am going to tell you the truth. The truth is, Washington is broken." LINK

The New York Times’ Raymond Hernandez and Michael D. Regan: “Republican Candidate in House Race Acknowledges Missteps” With a closely watched special Congressional election in western New York entering its final hour, Jane L. Corwin, the Republican candidate, said on Monday that she should have done more to blunt the attacks against her campaign over her support for a Republican plan to overhaul Medicare.  Traveling in New York’s 26th Congressional District in the suburbs of Buffalo, Ms. Corwin said she could have better clarified her position by responding sooner to comments by her Democratic rival, Kathy Hochul, that she said distorted the plan. The latest polls have shown Ms. Hochul, initially considered a long shot, surging ahead as voters object to the Republican plan. LINK

LA Times’ Maeve Reston: “Tim Pawlenty Formally Announces Run for Presidency Reporting from Des Moines— Tim Pawlenty's presidential campaign rests on this question: Will Republican voters itching for confrontation with President Obama deliver their nomination to a man who tends toward soft-spoken and bland? As he formally announced his run here Monday, the former Minnesota governor sought distance from the GOP field by casting himself as an everyman who would speak frankly to Americans about the gravity of the nation's challenges. LINK

Politico’s Mike Allen and Molly Ball: “Gop 2012 Field is Set” High-level Republican leaders tell POLITICO that they now believe the top tier of the presidential field is set, and that no major donors or operatives will remain on the sidelines hoping a dream candidate will make a last-minute entry. These leaders calculate that they are better off to accept the Mitch Daniels-less field as it is and not continue to waffle, letting President Barack Obama continue to build strength while the GOP dawdles. LINK

The Wall Street Journal’s Jonathan Weisman: “Pawlenty Goes on Offense” Former Minnesota Gov. Tim Pawlenty formally entered the Republican presidential race Monday with a broadside against President Barack Obama's leadership. His vow to face up to the nation's fiscal problems included a pledge to phase out subsidies on ethanol. LINK

The Washington Time’s Seth McLaughlin: “GOP ’12 hopefuls atoning for flaws” The GOP presidential field is firming up, and all the major White House hopefuls have something in common besides a desire to defeat President Obama: Each has on his resume a violation of conservative orthodoxy certain to anger primary voters. LINK

BUDGET:
The Hills' Erik Wasson: "Budget director: Debt Ceiling will be Raised Before it's Reached" Obama Budget Director Jack Lew said Monday evening that he does not envision any chance that the debt ceiling will not be raised by Congress by the time it is reached in August. “I think now having been in quite a number of meetings with the leaders of the House and Senate I think there is shared understanding that it is just unthinkable for us to default,” he told The Economic Club of Washington. “I can't argue that it will be pretty. Things very rarely happen early in Washington.” LINK

The Boston Globe’s Theo Emery and Mark Arsenault: “Brown says he will vote against GOP budget plan” Senator Scott Brown, after signaling earlier this month that he would vote for a controversial House budget plan, said yesterday he will vote against the budget blueprint and its overhaul of Medicare. Brown said yesterday in an op-ed article on the Politico website that he will not support the House budget and its Medicare overhaul — crafted by the House Budget Committee chairman, Paul Ryan of Wisconsin — because he believes it would expose seniors to increasing costs of deductibles and copays. LINK

PRESIDENT OBAMA:
The Washington Posts’ Anthony Faiola:Obama’s London Visit Comes Amid British Reckoning” President Obama landed in London on Monday night for a state visit at a time when Britain faces a reckoning over whether it can afford the global reach its allies in Washington have come to expect. Officials on both sides of the Atlantic are publicly hailing the strength of U.S.-U.K. bilateral ties, with Obama set to address parliament Wednesday in a speech billed as the highlight of his European trip. LINK

SUPREME COURT:
USA Today’s Joan Biskupic: “Supreme Court stands firm on prison crowding” The Supreme Court by a 5-4 vote Monday ruled California prison overcrowding unconstitutional and upheld an order that could force the release of about 40,000 inmates to solve longstanding problems with inmate medical care and mental disorders. LINK

ABC NEWS VIDEOS:
Obama The Irish Rock Star?” LINK
Robert Kennedy Jr. Discusses Film 'The Last Mountain'LINK
Newt Gingrich on Tiffany's Bill: 'We Are Very Frugal'LINK

BOOKMARKS:
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