The Note's Must-Reads for Wednesday, July 11, 2012

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' Jayce Henderson, Amanda VanAllen, Carrie Halperin and Will Cantine

MITT ROMNEY ABC News' Emily Friedman: " Romney Rolls Up Sleeves, Drops by Food Bank to Help CO Fire Victims" Mitt Romney rolled up his sleeves and used his teeth to rip open plastic food packaging during a stop at a food bank, the presumptive Republican presidential nominee joining in with volunteers and helping to sort food heading straight for Colorado families affected by the devastating wildfires. "I learned how to open plastic," Romney joked after opening the Kraft Macaroni and Cheese package. LINK

The Los Angeles Times' Melanie Mason: " Romney beats Obama in June money race" Mitt Romney and the Republican Party claimed victory in the money race last month, out-raising President Obama and the Democratic Party by $35 million, according to figures put out by both campaigns Monday. Obama and the Democratic National Committee had their strongest fundraising month of the campaign in June, reeling in a combined $71 million from more than 706,000 individual donors. LINK

Politico's Craig Shirley and Diana Banister: " Time for Mitt Romney to reframe the race" 'Politics is motion," John Sears, Ronald Reagan's embattled campaign manager, was fond of saying. Sears may have been wrong about some things, but on this point he was indisputably correct. It seems clear that former Massachusetts Gov. Mitt Romney was "vacationing" in New Hampshire all last week because his campaign is stymied and does not know what to do next. LINK

PRESIDENT OBAMA The Hills' Amie Parnes and Justin Sink: " Candidates trade barbs on taxes" President Obama and presumptive Republican nominee Mitt Romney traded barbs Tuesday over a proposal that aims to raise taxes on the wealthy. They were in two different swing states - Obama in Iowa, Romney in Colorado - but their goal was the same: a winning message on an economic issue that could decide the election. LINK

The Wall Street Journal's Neil King Jr. and Peter Nicholas: " Obama Stimulus Program Sent Jobs Abroad, GOP Says" Republicans opened a counteroffensive against Democratic claims that Mitt Romney outsourced jobs, highlighting how President Barack Obama's election-stimulus program ended up sending some U.S. taxpayer money to foreign forms and workers. LINK

The Wall Street Journal's Carol E. Lee: " Obama Keeps Focus On Taxes At Iowa Events" President Barack Obama kept his focus on tax policy during campaign events Tuesday in the battleground state that launched his bid for the White House four years ago. Mr. Obama, seeking to capitalize politically on his new push for Congress to pass a temporary extension of tax cuts only for families with adjusted gross income of less than $250,000 a year, criticized Republican Mitt Romney's tax policies as benefiting the wealthy at the expense of the middle class. LINK

The New York Times' Michael Shear and Richard Oppel Jr.: " Obama and Romney Trade Shots, a Few Possibly Accurate, on Outsourcing" As President Obama and Mitt Romney rush to define the other, each man is alleging one of the great economic sins: that his rival accelerated the exodus of American jobs to foreign countries. Mr. Obama accuses Mr. Romney of being at the helm of a firm that invested in companies that outsourced their jobs. Mr. Romney, in remarks on Tuesday, called Mr. Obama the real "outsourcer in chief" for sending billions of dollars in stimulus funds to foreign-based firms and companies that "end up making their products outside the United States." LINK The Washington Post's Bill Turque: " Obama campaign shrugs off reports of Romney's fundraising advantage" The Obama campaign on Tuesday shrugged off reports showing that Republican challenger Mitt Romney outpaced the president by $35 million in contributions last month, even after firing off a dire message to donors warning of defeat in November if fundraising doesn't improve."We are sticking to the fundraising course we set from the beginning," Obama campaign spokeswoman Katie Hogan said. That means, she said, that the team will continue to grow a base of donors - which it currently places at 2.4 million - who are able to contribute small amounts throughout the campaign. LINK

The Washington Posts' Seth McLaughlin: " Rich must pay more taxes, Obama tells voters" A day after demanding Washington lawmakers extend middle-class tax cuts while raising taxes on the wealthy, President Obama took his case directly to voters Tuesday, traveling to Iowa to argue that the rich should pay higher taxes in order to cut the deficit and fund his spending priorities. Presumptive Republican nominee Mitt Romney countered at a town hall style meeting in Colorado, arguing that the president's plan would increase taxes on small businesses, and said his own across-the-board rate reduction is a more economy-friendly approach. LINK

The Boston Globe's Tracy Jan: " Obama opens two-front war on taxes" President Obama called on Congress Monday to extend Bush-era tax cuts for middle-class families making less than $250,000 a year, but not for the wealthiest Americans -pitting himself against Republicans who would like the extension to apply to everyone. Obama spoke from the East Room of the White House following Friday's disappointing jobs report in an effort to reframe a tight election against presumptive Republican nominee Mitt Romney. LINK

OTHER USA Today's Aamer Madhanio: " Voter-ID Laws May Handicap Black Voter Turnout, Dems Fear" Two million more black voters turned up at the polls in 2008 than in 2004, and central to the president's re-election strategy is expanding minority participation in 2012. Political analysts and supporters of the president in the African-American community say that tougher voter-ID laws in the pipeline in several states - including a few battleground states where the black vote will be crucial for Obama's re-election hopes - could diminish black voter turnout in November. LINK

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