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February 7, 2013
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National Pulse 
  • Defense hawks could find spending cuts hard to swallow
    Pentagon officials say that further delaying the "sequestration" spending cuts, as President Barack Obama has proposed, would do little to avert the cuts' long-term impact on U.S. military readiness. Republicans on the House and Senate Armed Service committees are launching a new push to pay down the spending cuts through other means, in a move that some analysts believe could make it harder for the GOP to maintain its unified opposition to tax increases. Politico (Washington, D.C.) (2/7) , Talking Points Memo (2/7) LinkedInFacebookTwitterEmail this Story
Agenda Items 
  • Karl Rove picks a fight with the tea party
    Read full story  
    Rove/Reuters
    Karl Rove has created a new group, the Conservative Victory Project, that will screen potential GOP candidates and coordinate fundraising in a bid to ensure the party doesn't continue to blow winnable elections. The move sparked outrage from tea party groups, who have successfully staged primary challenges to Republican establishment favorites in recent elections. Some predicted that the gambit would inflame the GOP's conservative base, making it easier for right-wing insurgents to win primaries. ABC News (2/7) , The Washington Times (2/7) LinkedInFacebookTwitterEmail this Story

Data Points 
  • Study: Oil tax could keep U.S. economy on track
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    Reuters
    Taxing the consumption of oil more heavily might let policymakers mitigate the economic impact of spending cuts and higher income taxation, according to a new analysis from the Council on Foreign Relations. "Raising taxes on something that's under-taxed, like oil, rather than something that's already heavily taxed, like income, can yield good results," says CFR analyst Michael Levi. The Washington Post/Wonkblog (2/6) LinkedInFacebookTwitterEmail this Story

The Conversation 
Daily Chuckle 

SmartQuote 
It is the spirit and not the form of law that keeps justice alive."
--Earl Warren, chief justice of the U.S.
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