TPM News

Minnesota Gov. Tim Pawlenty (R) has established political action committees in Iowa and New Hampshire -- two key states in the 2012 presidential race.

The move is sure to fuel speculation that Pawlenty is trying to pave the way for a presidential run in 2012. His spokesman, however, insisted that the PACs are all about 2010.

"These state PACs will allow Tim Pawlenty and his supporters to better help local candidates in the critical 2010 elections," said spokesman Alex Conant. "Both states trended towards the Democrats in recent years, but hold great opportunities for conservative candidates this fall."

Scott Faulkner, brother of so-called Bin Laden Hunter Gary Brooks Faulkner, fully approved of his brother's "plan" to track down the terrorist mastermind in the mountains of northern Pakistan. He even gave his brother a ride to the airport.

"Gary's an adult," said Scott Faulkner, a Colorado doctor, on the Today show this morning. "And he wasn't harming anyone else, he was not engaged in illegal activity. So the rest of us felt, if that's what he needed to do, that's what he needed to do."

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Obama To Face BP's Leaders President Obama will meet today with BP's top executives, in a high-stakes meeting in which he will demand the creation of an escrow account to handle damage claims. The Associated Press reports: "The cost of such a fund would be enormous. The White House insists is has the legal authority to make it happen. Still, administration officials also acknowledge a negotiation is at play here, and key issues remain unsolved. Among them: Who will oversee the escrow fund, who will make that decision, how large will the fund be and whether BP will pay the salaries of oil workers idled by a six-month moratorium on new deep-water oil drilling."

Obama's Day Ahead President Obama and Vice President Biden will attend a meeting with BP executives at 10:15 a.m. ET, will receive the presidential daily briefing at 10:35 a.m. ET, and will receive the economic daily briefing at 11:05 a.m. ET. Obama will deliver a statement to the press at 12:15 p.m. ET. He will have lunch with Biden at 12:30 p.m. ET. He will meet at 1:45 p.m. ET with senior advisers. He will meet at 2:30 p.m. ET with Sen. Scott Brown (R-MA). At 5:35 p.m. ET, he will deliver remarks at the American Nurses Association House of Delegates.

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Bloomberg reports this morning that BP and the White House have yet to come to an agreement on an escrow account that would help pay for spill cleanup, even as President Obama meets with BP executives this morning in the White House.

In his Oval Office address last night, Obama said he would "inform" BP executives that they must create the account.

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President Obama gave his first Oval Office address tonight, speaking about the ongoing oil leak in the Gulf of Mexico.

Obama spoke about the government's response to the environmental disaster, as well as the need to pass energy legislation and more carefully regulate the oil industry. You can read his full remarks here.

Watch the full address:

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President Obama tonight called for a long-term plan to restore the Gulf Coast after the devastating oil spill and promised there would be third-party oversight of BP's payment of damage claims. Obama planned to say he wants to work with state officials, local communities, fisherman, conservationists and gulf businesses to develop a restoration plan for the coast. A senior administration official told reporters before the speech the plan would include a requirement that BP "will pay for the environmental degradation that it has caused."

"But make no mistake: we will fight this spill with everything we've got for as long it takes," Obama said from the Oval Office, his first televised address from the room since taking office. The speech capped Obama's two-day trip to the region, during which he spoke with the Gulf's Republican governors, local business owners and National Guard troops helping with cleanup efforts.

"We will make BP pay for the damage their company has caused. And we will do whatever's necessary to help the Gulf Coast and its people recover from this tragedy," Obama said. Read his prepared remarks here.

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You may have to wait until it's really hot outside before Sharron Angle takes questions from the media about her controversial record. Tonight, several hours after she zigzagged her way through the Senate to avoid questions from the press, a handful of reporters asked NRSC Chairman John Cornyn to explain.

His response: We probably won't be hearing anything from her for weeks.

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The man who was reportedly arrested in Pakistan with a gun, a sword, night goggles, and Christian literature on a mission to kill Osama bin Laden, has a substantial criminal record in his home state of Colorado.

The Denver Post reports on Gary Brooks Faulkner:

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