The Note’s Must-Reads for Wednesday June 1st, 2011

By Jayson

Jun 1, 2011 3:16am

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

The New York Times’ Erik Eckholm: “A Political Revival for Ralph Reed” Ralph Reed turns 50 this month, but as he roused a crowd of retirees here with talk of restoring Christian values and bringing down President Obama, he still looked like the boy wonder who appeared on the cover of Time magazine in 1995, named “The Right Hand of God” for building the Christian Coalition into an electoral juggernaut. LINK

The Washington Post’s Dan Eggen and T.W. Farnam: “GOP presidential candidates rush to secure big donors” The rapidly shifting landscape in the GOP presidential race has set off a scramble for big donors among Mitt Romney and other established candidates, each of them rushing to secure high-dollar commitments in an attempt to fend off emerging rivals, according to senior campaign officials and fundraisers. LINK

The Wall Street Journal’s Leslie Eaton: “As GOP Eyes Turn to Texas, Perry Hits Snag” Gov. Rick Perry was expected to begin weighing a Republican presidential bid this week but instead found himself enmeshed again in the battle over the state budget. LINK

The Washington Time’s Seth McLaughlin: “GOP Presidential field needs a dose of excitement” In a Republican presidential field where no top-tier candidate offers a flawless resume, the question facing GOP primary voters is whether they can find a diamond in the rough — a standard-bearer who embodies the party’s conservative backbone and can give President Obama a run for his money. LINK

USA Today’s Kelly Kennedy: “Pre-existing condition plan can cut premiums” The federal government, which is hoping to boost low participation in its insurance program that covers people with pre-existing conditions, released new rules and incentives Tuesday that make it easier for people to join, such as cutting premiums in some states by up to 40%. LINK

Bloomberg’s Andrew Harris: “Obama Health-Care Law Goes Before Second of at Least Three Appeals Court” President Barack Obama’s health-care law, including its mandate that most Americans obtain insurance, goes before a U.S. appeals court, the second of at least three such panels that will consider the act’s constitutionality.  Opponents of the Patient Protection and Affordable Care Act, signed into law by Obama, a Democrat, in March 2010, have argued Congress exceeded its authority in requiring almost all Americans to have health insurance or face a tax penalty starting in 2014. LINK

The New York Times’ Jackie Calmes: “Pressing Obama, House Bars Rise for Debt Ceiling” The House on Tuesday overwhelmingly rejected a measure to increase the government’s debt limit, acting on a vote staged by Republican leaders to pressure President Obama to agree to deep spending cuts. LINK

Politico’s Jake Sherman: “House rejects debt increase” The House overwhelmingly rejected a proposal Tuesday evening to raise the nation’s borrowing limit without cutting spending, the latest act in what promises to be a summer-long political drama over the federal debt ceiling. The GOP proposal, which would have raised the statutory borrowing cap to $16.7 trillion, did not get a single Republican vote and garnered just 97 Democrats in favor. LINK

The Hills’ John T. Bennett: “Military spending balloons amid bipartisan calls for cuts” The House Appropriations Committee has crafted a Pentagon spending measure that would swell military spending at a time when both political parties are clamoring for spending cuts. That panel’s Defense subcommittee on Wednesday is expected to approve a Pentagon appropriations bill that includes $530 billion in base military funding. Another subcommittee already has approved a $14 billion military construction measure. LINK

LA Times’ Jim Puzzanghera and Neela Banerjee: “Obama picks John Bryson to be next Commerce secretary” By nominating former  Edison International executive John E. Bryson to be his next Commerce secretary, President Obama continued his outreach to a business community that has been critical of his administration. Bryson, 67, spent nearly a quarter of a century at the Rosemead power company — including 18 years as its chief executive — before stepping down in 2008. He is best known for being at the helm during California's electricity crisis in 2000-01, which nearly bankrupted the company's Southern California Edison electric utility. LINK

ABC News’ John R. Parkinson: “Rep. Anthony Weiner Gets Combative With Reporters About Lewd Twitter Photo” Rep. Anthony Weiner’s response to the flap around a lewd photo posted from his Twitter account went from dismissive and joking over the weekend to frustrated and combative Tuesday in Washington, when the Congressman became agitated with reporters and called a TV producer a “jackass.” Weiner, D-N.Y., repeatedly refused to answer questions from reporters on Capitol Hill, calling focus on the photo, which was sent from his Twitter account to a 21-year-old college student who followed him on the social networking site, a distraction. LINK

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