The Note's Must-Reads for Friday, May 16, 2014

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

Compiled by ABC News' Jayce Henderson, Will Cantine, and Jordan Mazza

PRESIDENT OBAMA The New York Times' Jada F. Smith: " Obamas Had Up To $7 Million In Assets In '13, Records Show" The assets of President Obama and his wife, Michelle, were valued as high as $7 million last year, according to a financial disclosure form released by the White House on Thursday. Most of the president's income came from royalties on his three books and investments made possible by the proceeds. His memoir, "Dreams From My Father," published in 1995, continued to make the most money for Mr. Obama, generating between $50,001 and $100,000 in royalties, according to the disclosure form. "The Audacity of Hope," from 2006, earned between $15,001 and $50,000, and "Of Thee I Sing: A Letter to My Daughters," released in 2010, earned between $5,001 and $15,000. LINK

The Washington Post's David Nakamura: " President Obama, First Lady Disclose Assets Worth Between $1.95 Million And $7.15 Million" President Obama and first lady Michelle Obama listed assets worth between $1.95 million and $7.15 million, according to financial disclosure forms released by the White House on Thursday. The disclosures, required by law, show that the first family holds U.S. Treasury bonds worth between $1 million and $5 million, the largest single portion of their assets. The forms allow public officials to list their holdings in broad ranges. The Obama family's total assets were similar to their 2013 disclosures. LINK

HILLARY CLINTON ABC News' Ali Weinberg: " Hillary Revising History of Her Iran Sanctions Role, Senator Claims" Hillary Clinton is exaggerating her role in imposing sanctions on Iran when she was Secretary of State in what one Republican said today was a "blatant revision of history." Sen. Mark Kirk, R-Ill., made the accusation a day after Clinton told the American Jewish Committee Wednesday night about her efforts to get U.N. sanctions on Iran in response to Iran's nuclear program. LINK

Politico's Rob Goodman: " Duck This Dynasty" Six months: that's how long Democrats have to talk about inequality in America with conviction and, for whatever it's worth in politics, consistency. Six months from now marks the midterm elections, the unofficial start of the 2016 presidential campaign and Hillary Clinton's long-delayed ride to inevitability that does Hillary Clinton have to do with inequality in America? She's no robber baron, of course. But the core case against inequality isn't about resentment of wealth-it's about the ways in which the concentration of wealth is making politics increasingly pointless, a game of access and not arguments. Anyone who fears that future should think twice before casting a ballot for a dynastic politician, because dynastic candidates turn politics pointless in essentially the same way. LINK

9/11 MUSEUM The Wall Street Journal's Jennifer Maloney: " Obama Dedicates 9/11 Museum" In an emotional ceremony recalling the moments of courage and grace amid the horrors of a terrorist attack, President Obama and other leaders helped dedicate the National September 11 Memorial Museum Thursday. The museum, built at bedrock at the foundations of the World Trade Center, opens to the public next Wednesday, after a six-day preview for victims' relatives, first responders, recovery workers and lower Manhattan residents. LINK

REP. CHARLIE RANGEL USA Today's Martha T. Moore: " Tide shifts, and Rangel tries to hang on to his seat" If Charlie Rangel is going to go, it won't be quietly. His Harlem-centered congressional district, once overwhelmingly African American, is now majority Hispanic. LINK

GOP The Hill's Ramsey Cox and Bernie Becker: " GOP blocks tax breaks bill" Senate Republicans blocked progress on an $85 billion tax package on Thursday amid deep anger aimed at Senate Majority Leader Harry Reid. In a 53-40 vote, the Senate failed to end debate on the tax package authored by Senate Finance Committee Chairman Ron Wyden (D-Ore.). Sixty votes were required to move forward, and only Republican Sen. Mark Kirk (Ill.) voted with Democrats. Other Republicans blocked the measure, even though many support the slew of expired tax breaks, out of frustration with Reid, whom they say is preventing the minority party from offering amendments to the bill. LINK

VETERAN AFFAIRS The Los Angeles Times' Lisa Mascaro: " VA hospital inquiry widens; Secretary Eric Shinseki urges patience" The inquiry into whether a Veterans Affairs facility in Phoenix falsified government records to hide excessive wait times has broadened to include several other veterans centers nationwide, as officials said Thursday that complaints about delays in appointment-making and inadequate treatment date back almost a decade. Federal prosecutors have joined the agency's investigation to determine whether criminal charges should be filed. LINK

The Washington Times' Jacqueline Klimas: " Secretary Eric Shinseki vows to stay on job to fix VA health care" Veterans Affairs Secretary Eric K. Shinseki told Congress on Thursday that he's "mad as hell" about accusations against department hospitals, but vowed to stay on the job as he fended off questions about long wait times and charges that a Phoenix facility fabricated documents to hide its poor performance. Mr. Shinseki, a disabled veteran himself, said he won't leave his post until he has completed his mission or President Obama fires him. He sought to assure senators that he is trying to get to the bottom of the growing list of complaints of poor service and large backlogs. LINK

ABC NEWS VIDEO " Veterans Affairs Secretary Takes the Stand on Capitol Hill" LINK

BOOKMARKS The Note: LINK ABC News Politics: LINK George Stephanopoulos' Blog: LINK ABC News on Twitter: @ThisWeekABC | @ABCPolitics ABC News Mobile: LINK ABC News Apps: LINK ABC News YouTube: LINK

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