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Rep. Steve King (R-IA) declared at an event hosted by Americans For Tax Reform that members of the Obama administration would fail the United States citizenship test, due to their lack of belief in a capitalist economy.

"Even though there would be some people in the White House that would fail this test, if you look at the naturalization flash cards, if you want to become a naturalized American citizen...[the flashcard] will ask, 'What is the economic system of the United States?' Flip that flash card around, it says free enterprise, capitalist," said King, CNSNews reports. "I am not convinced that people in the White House understand it, let alone believe it, given some of the activities that we have seen," King said.

Senate Majority Leader Harry Reid told reporters today he hope to have a financial regulatory reform bill on the Senate floor sometime next week.

"We're doing our best to get it on the floor as quickly as possible, we hope to get it on the floor next week," Reid said.

"I'm been very disappointed by the statements of some my Republican colleagues opposing our efforts on Wall Street [reform]," he went on. "They seem clearly focused on protecting these big banks."

A group of Obama supporters stormed today's Tax Day Tea Party in downtown Washington, D.C., creating a brief and nonviolent ruckus among the tea partiers gathered to listen to Grover Norquist and Dick Armey on Freedom Plaza.

The pro-Obama group, known as "The Other 95%," held a counter-rally earlier in the day to thank Democrats for what they say are the tax cuts the party has given to 95% of Americans since Obama took power.

I happened to be standing right next to the Freedom Party steps when TO95 organizer Alex Lawson walked up with several other members carrying a massive banner reading "Thanks For Our Tax Cuts, Obama!"

D.C. cops quickly tossed the group off the plaza, but not before they got into a couple of shouting matches with tea partiers present. Check out my video of how it all went down -- and how one tea partier from Phoenix, AZ felt about it -- after the jump.

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Sen. Chris Dodd (D-CT), the chairman of the Senate Banking Committee, took to the Senate floor today to tie Republicans to "big banks" and to accuse them of preparing to filibuster a bill that would put an end to bailouts.

Dodd attacked Minority Leader Mitch McConnell for his claims that the financial reform bill Dodd is working on would lead to even more bailouts.

"You see, these Wall Street firms believe that no matter how much we hate bailouts, if they're important enough at the end of the day, taxpayers will come riding in on a white horse to save them, just like they did under the Bush administration," he said. "This bill kills the white horse."

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Senate Majority Leader Harry Reid is the prime electoral target for the tea party movement. At a press conference in Washington this morning, one group of tea partiers said they found the woman to defeat the head of the Senate Democrats this November in Nevada -- ultra-conservative former state legislator Sharron Angle.

Angle was on hand this morning as the Tea Party Express announced its list of electoral targets. She took the mic near the end of the press conference to tout her campaign to a standing ovation from the tea partiers gathered in a ballroom at the National Press Club downtown.

Angle is just one of a slew of Republicans vying for the GOP Senate nomination, and polls show she's not the frontrunner. So why did the tea partiers choose her to carry their flag in what they call the most important race in the country? Angle says she's the most pure conservative in the bunch, and in our conversation after the speech she made it clear the tea party force is strong with her.

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Sen. Arlen Specter (D-PA) raised $1.16 million in the first quarter of 2010 -- less than half the amount brought in by his Republican arch-rival, former Rep. Pat Toomey, though Specter maintains a strong cash-on-hand advantage.

Toomey's campaign announced last week that he brought in $2.3 million for the quarter, and has $4 million on hand. Specter has a much stronger $9 million on hand, though he will have to spend some of it in his Democratic primary against Rep. Joe Sestak, who has been challenging Specter ever since the incumbent switched parties last year.

Specter was first elected to the Senate as a Republican in 1980. As a moderate Republican, he was challenged from the right for the GOP nomination in 2004 by then-Rep. Pat Toomey, and won by only a 51%-49% margin. Specter's support among Republicans plummeted in 2009, after he provided a crucial vote to pass President Obama's stimulus package, and he subsequently switched parties when polls showed he would lose a primary rematch against Toomey.

Sen. Chuck Grassley (R-IA) reports he's raised $613,627 in the first quarter, which is slightly less than the $629,615 in outside contributions raised by Democratic candidate Roxanne Conlin.

But Grassley reports he has more than $5.3 million in cash on hand -- compared to Conlin's $1 million.

The TPM Poll Average shows Grassley leading Conlin 54.8% to 35.4% in a potential general election matchup.

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In what's almost guaranteed to be a controversial case, a former high-level National Security Agency official was charged today with crimes related to allegedly leaking classified information to an unnamed newspaper reporter, who "published a series of articles about the NSA" between February 2006 and November 2007.

So who is the reporter? Circumstantial evidence suggests that it may be Siobhan Gorman, who at the time was with the Baltimore Sun and now works for the Wall Street Journal.

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