The Note’s Must-Reads for Tuesday, June 7, 2011

Jun 7, 2011 4:13am

Compiled by ABC News Digital News Associates and Desk Assistants Jacqueline Fernandez, Jayce Henderson and Amanda VanAllen

PRESIDENT OBAMA
The Washington Times’ Kara Rowland: “Top Obama economic adviser to leave” President Obama’s chief economist, Austan Goolsbee, will step down later this year to resume his teaching post at the University of Chicago in time for the fall semester, the White House announced Monday night.  Mr.Goolsbee, chairman of the Council of Economic Advisers (CEA), has played a central role in crafting Mr. Obama’s economic policies over the past two and a half years, and is a regular fixture on political talk shows and the White House website. LINK

Bloomberg’s Hans Nichols: “Obama’s Chief Economic Adviser Goolsbee Returns to University of Chicago” Austan Goolsbee President Barack Obama’s chief economist, is resigning from the administration and returning to the University of Chicago, the White House announced yesterday. Goolsbee, 41, chairman of the White House Council of Economic Advisers since September, has been on leave from his post as an economics professor at the university’s Booth School of Business while working for Obama. LINK 

The Hills’ Sam Youngman and John Bennett: “For Obama, problem's not just the economy” Grave national-security and foreign-policy issues are crowding President Obama’s agenda as he struggles to repair the nation's economy. With the 2012 election looming, Obama is juggling a decision on how many troops to withdraw from Afghanistan; a congressional resolution on the mission in Libya; and violence in Syria and Yemen. LINK

2012 ELECTIONS
ABC News’ Gary Langer: “Poll: Romney, Palin See Boost; Obama Vulnerable” An announcement bump for Mitt Romney and a bus-tour boost for Sarah Palin put the pair atop the field for the Republican presidential nomination. But while their primary standings are similar, their broader prospects for election look vastly different. Romney appears formidable: In a general-election trial heat in the latest ABC News/Washington Post poll he runs evenly with Barack Obama among all Americans, and numerically outpoints him, 49-46 percent, among registered voters — not a statistically significant lead, given sampling error, but a clear reflection of Obama's vulnerability to a well-positioned challenger. LINK

LA Times’ Colby Itkowitz: “Republican Rick Santorum launches presidential bid”  After a brass-band instrumental fit for a summer blockbuster's battle scene, Rick Santorum launched his presidential bid from ancestral turf Monday, imploring an enthusiastic crowd of several hundred to join his fight for the White House. "I'm ready to lead. I'm ready to do what has to be done for the next generation, with the courage to fight for freedom, with the courage to fight for America," the former U.S. senator from Pennsylvania said from the steps of the Somerset County Courthouse. LINK

WEINERGATE
The Wall Street Journals’ Devlin Barrett and Michael Saul: “Weiner Now Says He Sent Photos” Rep. Anthony Weiner on Monday admitted sending sexually suggestive photographs or messages to six women online over three years, but said he wouldn't resign over his behavior or the lies he told to cover it up. The New York Democrat's effort to control the damage caused by disclosures about his secret online life didn't satisfy his party's leaders. LINK

Politico’s Jonathan Allen: “Anthony Weiner: "The picture is of me and I sent it'” Rep. Anthony Weiner’s Twitter career ended in tatters Monday, as the New York Democrat admitted in a chaotic news conference that he used social media to send explicit photographs and sexually suggestive text messages to several women over the course of three years, including in the period since he married Huma Abedin last year. Weiner, more than almost any other lawmaker, understood how to exploit social media — not to mention the mainstream media — to help make him a “star of the caucus,” but “it was his undoing,” said one colleague. “That damn social media.”  LINK 

NY Daily News’ Mike Lupica: “Rep. Anthony Weiner doing his best to let lewd Twitter photo scandal sink his political career” This is how fast it happens in the fast lane of celebrity, whether you are a politician like Anthony Weiner who sometimes acts like his job is being smarter than everybody else, or an ex-politician like Arnold Schwarzenegger, who turns out to be dumber than a bag of hammers. Or Tiger Woods. One day Weiner is thinking about his next job being mayor of New York, the next he is worrying about holding on to the job he has representing the 9th Congressional District – southern Brooklyn and south and central Queens, Sheepshead Bay to Forest Hills – where romance hardly ever involves sending a picture of yourself in your underwear instead of flowers and a box of candy. LINK

FEDERAL BUDGET
USA Todays’ Dennis Cauchon: “U.S. funding for future promises lags by trillions” The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows. The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for. LINK

OTHER
The Boston Globe’s Maria Sacchetti and Noah Bierman: “US overrules Patrick on immigration” The US government will force the state of Massachusetts to join a controversial federal program to detect and deport illegal immigrants, despite Governor Deval Patrick’s refusal to endorse it, a senior Homeland Security official said yesterday. Patrick’s rejection of the Secure Communities program yesterday can do little, if anything, to impede the program from expanding statewide by 2013, said the official. LINK

ABC NEWS VIDEOS:
Anthony Wiener: 'I Am Not Resigning'LINK
Steny Hoyer: We Have To Raise The Debt LimitLINK

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