TPM News

Apple released the following statement following the announcement that co-founder Steve Jobs has died:

We are deeply saddened to announce that Steve Jobs passed away today.

Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve.

His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts.

The White House is brushing off all the fuss over Senate Majority Leader Harry Reid's plans to scrap President Obama's suggested offsets for the Jobs Act before bringing it to the floor for a vote next week.

"The pay-fors are incidental, if you will," Carney told reporters at a Wednesday briefing. "The meat of this proposal is putting teachers back to work...incentivizing small businesses to hire more workers...and that will be voted on. How you pay for it has always been open to debate."

Read More →

Rick Perry was the first Republican candidate to put out a statement following Sarah Palin’s announcement that she won’t run for president.

“Sarah Palin is a good friend, a great American and a true patriot,” Perry said. “I respect her decision and know she will continue to be a strong voice for conservative values and needed change in Washington.”

Microsoft is up to its old tricks. Vintage 2008, to be precise.

That's at least according to a new report from Reuters, which suggests that the company is mulling a takeover bid for the embattled Web portal giant Yahoo in the wake of the abrupt firing of Yahoo CEO Carol Bartz last month.

Citing an unnamed high-level Microsoft exec, Reuters reports that "No decision has been made and a bid might not materialize as there are internal divisions at the software company on whether it should pursue Yahoo again."

Read More →

John McCain — the man who made Sarah Palin a household name in 2008 — responded to the news Palin’s not running for president via Twitter Wednesday.

“Sarah announces she’s not running for president,” he wrote. “I am confident she’ll continue to play an important role in our Party and for our nation.”

Former Attorney General Alberto Gonzales has joined a Nashville law firm’s government relations, government investigations and white collar defense teams. Gonzales was named the Doyle Rogers Distinguished Chair of Law at Belmont University College of Law earlier this week

Sarah Palin has told conservative radio host Mark Levin that she will not run for president in 2012, Levin tweets.

ABC News has obtained a letter from Palin, announcing she won’t run. Here is the letter:

“After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for President of the United States. As always, my family comes first and obviously Todd and I put great consideration into family life before making this decision. When we serve, we devote ourselves to God, family and country. My decision maintains this order.

My decision is based upon a review of what common sense Conservatives and Independents have accomplished, especially over the last year. I believe that at this time I can be more effective in a decisive role to help elect other true public servants to office – from the nation’s governors to Congressional seats and the Presidency. We need to continue to actively and aggressively help those who will stop the “fundamental transformation” of our nation and instead seek the restoration of our greatness, our goodness and our constitutional republic based on the rule of law. From the bottom of my heart I thank those who have supported me and defended my record throughout the years, and encouraged me to run for President. Know that by working together we can bring this country back – and as I’ve always said, one doesn’t need a title to help do it.

I will continue driving the discussion for freedom and free markets, including in the race for President where our candidates must embrace immediate action toward energy independence through domestic resource developments of conventional energy sources, along with renewables. We must reduce tax burdens and onerous regulations that kill American industry, and our candidates must always push to minimize government to strengthen the economy and allow the private sector to create jobs.

Those will be our priorities so Americans can be confident that a smaller, smarter government that is truly of the people, by the people, and for the people can better serve this most exceptional nation. In the coming weeks I will help coordinate strategies to assist in replacing the President, re-taking the Senate, and maintaining the House. Thank you again for all your support. Let’s unite to restore this country! God bless America.

– Sarah Palin"

President Obama has made ending the Bush tax on incomes above $250,000 a year a top goal of his presidency. Republicans have predictably fought him at every turn, and used misleading statistics to characterize the plan as one that would cripple small businesses -- when in fact only sliver of the impact would fall on truly small businesses.

Wednesday, those Republicans got a big rhetorical assist from Sen. Chuck Schumer (D-NY) -- a member of Democratic leadership, who has been a leading advocate for setting the threshold at $1 million in income.

"There are people making 250, 300 [thousand dollars] in many of our states who are not rich; there are small businesses struggling," Schumer told reporters at a Capitol press conference about Obama's jobs bill. "So we prefer the million dollars."

Read More →

The acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has announced some major personnel changes in the wake of the “Fast and Furious” controversy.