The Note’s Must-Reads for Tuesday, June 28, 2011

By Jayson

Jun 28, 2011 4:44am

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 Jayce Henderson, Claudia Morales, Jacqueline Fernandez and Desk Assistant Amanda VanAllen

PRESIDENT OBAMA / 2012 ELECTIONS:
The Washington Post’s Peter Wallsten: “Obama pushing behind scenes to win over big-dollar donors” President Obama and top White House aides are waging a behind-the-scenes push to win over skeptical big-dollar donors — whose early money is needed to help fund a dramatic summertime expansion of his battleground-state machinery. LINK

New York Daily News’ Corky Siemaszo: “Michele Bachmann enters 2012 presidential race; Tea Party favorite joins crowded GOP field” Tea Party favorite Michele Bachmann made it official Monday and became the latest Republican to launch a bid for the White House. Calling herself a "bold choice," the Minnesota congresswoman launched her campaign in Waterloo, Iowa, where she was born 55 years ago. LINK

BLAGOJEVICH VERDICT:
The Washington Post’s Dana Milbank: “Rod Blagojevich verdict: All shook up”  When he was indicted, Rod Blagojevich quoted Kipling. After his impeachment, he quoted Tennyson. And Monday, on the day he was convicted on 17 corruption-related counts, the former governor of Illinois quoted Elvis. LINK

Los Angeles Times’ Bob Secter amd Jeff Coen: “Former Illinois Gov. Rod Blagojevich 'stunned' by conviction” At his second trial in less than a year, former Illinois Gov. Rod R. Blagojevich was convicted Monday of 17 counts of corruption, including trying to sell the Senate seat formerly held by President Obama. LINK

FEDERAL DEFICIT / BUDGET / TAXES:
The Hills’ Erik Wasson: “Obama debt-panel leaders: Make $2T down payment, then final deal” Congress and the White House should agree to a $2 trillion down payment on the federal deficit in a deal to raise the debt ceiling but leave more significant reforms for later, according to the chairmen of President Obama's fiscal commission. But broader fiscal reforms must be tackled before the 2012 election, the two write in an exclusive op-ed to be published Tuesday in The Hill. LINK

The Wall Street Journal’s Naftali BenDavid and Carol E. Lee: “Negotiators Wrangle on Taxes” With time running short to reach a deal to avoid a government default, President Barack Obama met privately Monday with Senate leaders in hopes of resolving an impasse over whether to include tax increases in a deficit-reduction agreement. LINK

The Washington Times’ Andrea Billups: “Budget impasse besets Minnesota” Cut funding for state nursing homes or chop money for local police departments? Slice budgets for municipalities or halt key construction projects? LINK

Politico’s David Rogers: “Revenue vs. cuts in debt debate” President Barack Obama stepped back into deficit-reduction talks Monday, only to be greeted by a double-barrel blast from Senate Republican leader Mitch McConnell, who peremptorily rejected any deal that would include the added revenues Obama wants together with spending cuts. LINK

GABRIELLE GIFFORDS:
ABC News’ Gina Sunseri: “Rep. Gabrielle Giffords Appears, Stands Before Houston Crowd” Rep. Gabrielle Giffords made her first public appearance in front of a crowd since being shot in the head Jan. 8, rising from her wheelchair to hug and kiss her husband, former astronaut Mark Kelly, when he received the Spaceflight Medal. Giffords, D-Ariz., entered, being pushed in a wheelchair, to a standing ovation from a crowd of hundreds at the awards ceremony auditorium at Space Center Houston, which is next to the Johnson Space Center. LINK

SUPREME COURT:
USA Today’s Joan Biskupic: “Supreme Court: 2010-11 term in review” The U.S. Supreme Court has changed dramatically and, as the recent term proved, stayed decidedly the same. The court, which completed its annual session Monday, includes two recent appointees of President Obama and is the most diverse in history. Yet while the nine-member bench looks different, an enduring conservative majority has deepened its imprint on the law.LINK

OTHER:
The New York Times’ Eric Lipton: “A Congressman’s Pet Project; a Railroad’s Boon” Here in sun-parched Central Florida, workers are ready to break ground this summer for a 61-mile commuter rail project that the federal government ranks as one of the least cost-effective mass transit efforts in the nation. LINK

The Boston Globe’s Milton Valencia and Shelley Murphy: “Bulger tells of armed visits to Hub” James “Whitey’’ Bulger returned to Boston in disguise and “armed to the teeth’’ several times during his 16 years on the run because he had “to take care of some unfinished business,’’ prosecutors said in court documents yesterday. The notorious gangster, arrested last week in Santa Monica, Calif., refused to say whom he was going to see or when, prosecutors said.  LINK

ABC NEWS VIDEOS:  
Michele Bachmann Announces 2012 BidLINK
Blagojevich Retrial: Guilty on Most ChargesLINK
Michele Bachmann Tells ABC About Her ‘Titanium Spine’LINK  

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