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Obama Plans To Cut Deficit — From Enormous Down To Huge
President Obama is reportedly planning a budget policy that would cut the deficit in half by cutting the budgets for the Iraq and Afghanistan wars, and by ending the Bush tax cuts for individuals making over $250,000. But here’s some math to show just what a tough job he has ahead of him: The deficit would still be $533 billion by the end of his first term, down from the $1.3 trillion he inherited from George W. Bush.

Obama Hosting Governors At The White House Tonight
President Obama and the First Lady are hosting the National Governors Association for dinner at the White House tonight, with entertainment by Earth, Wind and Fire. Expect this to be a huge, momentous gathering — and that’s just Earth, Wind and Fire.

Sanford: Clyburn’s Accusation About Stimulus Money “Is Absurd”
Appearing on Fox News Sunday, Gov. Mark Sanford (R-SC) fired back at House Majority whip James Clyburn (D-SC) for saying his potential refusal of stimulus money was a “slap in the face” to his African-American constituents. “I think that any of us as governors — and we do have 50 different incubators of different ideas and trying to get it right within our respective states, trying to make the judgment as best they can,” said Sanford. “But the idea that color would filter into that decision-making process is absurd.”

Barbour Accuses Obama Of Waging Permanent Campaign
In an interview with CNN, Gov. Haley Barbour (R-MS), a former RNC chairman, noted that President Obama has been promoting the stimulus plan in swing states like Colorado, Indiana and Florida. “He’s going to those places for a reason,” Barbour said, attributing this development to the campaign skills of David Axelrod. “And so this is what we’ve become accustomed to, the perpetual campaign.”

Feds Question Burris About Blago
The Chicago Sun-Times reports that federal authorities questioned Sen. Roland Burris (D-IL) at his lawyer’s office on Saturday, regarding the Blagojevich case and the circumstances of his Senate appointment. He has not been accused of wrongdoing.

Franken Camp Files New Ballot List
The Franken campaign has filed an amended list of 1,585 rejected absentee ballots that they say should be reconsidered for counting. Quite interestingly, nearly half of them were already on Norm Coleman’s list of 4,800 — but the conventional wisdom has been that both sides pick ballots that they believe will skew towards themselves. Does the Franken campaign know something that Team Coleman doesn’t?

Schwarzenegger: GOP Is Creating Insecurity, Should Work With Obama
Appearing on This Week, Arnold Schwarzenegger criticized the Republican Party in Washington for being overly ideological, and not working constructively with President Obama. “They should make an effort to work together and to find what is best for the people,” said Arnold, “because by derailing everything, it’s not going to help anybody, and it creates instability and insecurity.”

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