TPM News

Connie Schultz, a Pulitzer Prize-winner who writes for the Cleveland Plain Dealer, is ending her political column to avoid a potential conflict of interest.

Schultz, who happens to be married to Sen. Sherrod Brown (D-OH), said she was quitting her column because "my independence, professionally and personally, is possible only if I'm no longer writing for the newspaper that covers my husband's senate race on a daily basis."

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Congressional Democrats will draw a sharp distinction between themselves and Republicans by pushing for a vote on the "Buffett Rule" -- that millionaires should, at the very least, pay taxes at the same overall rate as middle class workers.

In a sign that Democrats on the Hill see this as both effective politics and a significant step toward erasing medium term deficits, Sen. Chuck Schumer (D-NY) -- tasked with helping the party more effectively message its policies -- said members of Congress should have to go on the record on this issue.

"I'd find it very useful to make some proposal along the lines that fits within the confines of the Buffett rule and put it on the floor," Schumer told reporters in a Monday conference call. "When the President goes around the country and keeps talking about it, as I believe he will do, we are going to win this fight."

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As the UN General Assembly meets in New York Tuesday, Texas Gov. Rick Perry will hold a pro-Israel rally with several Israeli politicians, the New York Observer reports.

So much for President Obama’s unchallenged primary run. In a letter released today, prominent “progressives” including former presidential candidate Ralph Nader announced they are seeking a slate of candidates to challenge the incumbent for the Democratic nomination in next year’s primaries.

‘Without debates by challengers inside the Democratic Party’s presidential primaries, the liberal/majoritarian agenda will be muted and ignored,’ the letter read. ‘The one-man Democratic primaries will be dull, repetitive, and draining of both voter enthusiasm and real bright lines between the two parties that excite voters.’

The letter was endorsed by 45 ‘distinguished leaders’ and included Princeton professor Cornel West, who has been highly critical of President Obama as of late. ‘His administration has tilted too much toward Wall Street,’ said West. ‘We need policies that empower Main Street.’

Perhaps the president’s deficit plan, which was released earlier today, will calm matters. Conservatives have been up in arms over the plan; with many of this right-leaning critics calling it ‘class warfare.’

CORRECTION: An earlier version of this entry suggested Mr. Nader was announcing his intention to primary President Obama on his own. TPM regrets the error.

Treasury Secretary Tim Geithner strongly rejected the way he is depicted in "Confidence Men," Ron Suskind's new book on the Obama administration's economic policies and efforts to shore up the financial sector in the wake of the collapse.

"I haven't read this book, but -- to borrow a phrase -- I've lived the reality," Geithner told reporters at a White House press briefing Monday. "Reports about this book bear no resemblance to the reality we lived."

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This week, Facebook finally hosts the 2012 version of its somewhat-annual developers' conference, F8.

Facebook is expected to announce new integration points with its site for the music, film, and TV industries.

The stakes could not be higher.

Facebook is not a mildly ambitious company. Leadership tells new executives that their goal is to grow the company into a trillion dollar market cap.

Go ahead and try to name some companies with a trillion dollar market cap. (You can't.)
The ambitions are, of course, justifiable.

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