TPM News

Jon Stewart begged Donald Trump on Tuesday night to reconsider his decision to not seek the presidency, not because he thought Trump would make a good president, but because it would give him endless material for his show.

"You had us all convinced you were gonna take oil from Libya and Iraq and make the Chinese suck your giant gold balls," Stewart said. "Turns out, you've just got alluminum foil painted gold balls."

But unfortunately for Stewart, Trump announced on Monday that he would not run for President. That left Stewart with a sudden dearth of fodder for his show.

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Republican lawyer James Bopp has been chipping away at federal campaign regulations for years. He's the guy affiliated with the Republican National Lawyers Association who was behind the Citizens United case, which allowed for unlimited corporate campaign spending to influence elections. But his latest plan for a "Republican Super PAC," say good government groups, clearly violates federal law, and they're warning GOP members they'd be breaking the rules if they solicit unlimited contributions on behalf of the group.

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Kerry: Pakistan Boosting Cooperation With U.S. AFP reports: "Pakistan, under renewed US pressure since the death of Osama bin Laden, is stepping up its efforts to battle extremists and help stabilize Afghanistan, senior US Senator John Kerry said Tuesday. 'Some of them are important things that are very important to us strategically, but they are not appropriate to discuss publicly,' said the Democratic lawmaker, who chairs the Senate Foreign Relations Committee. Kerry, newly returned from a whirlwind visit to both countries, said he had heard 'frustration' from top Pakistani officials about the US raid that killed the Al-Qaeda leader, but had made clear Washington expects more from its ally."

Obama's Day Ahead President Obama will depart form the White House at 8:30 a.m. ET, and depart from Andrews Air Force Base at 8:50 a.m. ET, arriving at 10 a.m. ET in New London, Connecticut. At 11:30 a.m. ET, he will deliver the commencement address at the United States Coast Guard Academy. He will depart from new London at 4:10 p.m. ET, arriving at 4:45 p.m. ET in Boston, Massachusetts. He will deliver remarks at a DNC event at 6:15 p.m. ET, and at another DNC event at 8:25 p.m. ET. He will depart from Boston at 9:55 p.m. ET, arriving at Andrews Air Force Base at 11:15 p.m. ET, and arriving back at the White House at 11:30 p.m. ET.

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Former Prince George's County (Md.) Executive Jack Johnson had to sign court documents admitting he told his wife to take cash and "stuff it down your panties" as FBI agents knocked on the door prepared to search their home.

But aside from the embarrassing details that made Johnson and his wife Leslie a punchline, the facts that Johnson admitted to in a plea agreement filed Tuesday show he was taking in some serious bribes from developers in exchange for political favors.

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Newt Gingrich's walk back tour reached its zenith Tuesday night, as Gingrich personally apologized to Paul Ryan for dismissing his Medicare plan as "right wing social engineering." In an added twist, Gingrich claims that the merest mention of his extensive condemnation of Ryan's budget from Sunday's Meet The Press by Democrats is now out of bounds as a result.

"Any ad which quotes what I said on Sunday is a falsehood, because I have said publicly those words were inaccurate and unfortunate," he told FOX's Greta Van Susteren. ""When I make a mistake, and I'm going to on occasion, I'm going to share with the American people that was a mistake becuase that way we can have an honest conversation."

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As expected, a Democratic bill that would have stripped big oil companies of multi-billion annual tax subsidies failed to overcome a Republican filibuster Tuesday evening. The heavily partisan 52-48 vote fell well short of the 60 required to achieve cloture. Three Democrats -- Sens. Mary Landrieu (D-LA), Mark Begich (D-AK), and Ben Nelson (D-NE) -- voted with Republicans to maintain the subsidies. Sens. Olympia Snowe (R-ME) and Susan Collins (R-ME) voted with the Democrats.

Democrats have turned oil subsidies into a major issue as Congress looks at ways to tame high deficits and the national debt. They've been fueled in their efforts by soaring gas prices and extraordinary industry profits. And party leaders have vowed to include the tax breaks in any grand fiscal bargain tied to raising the debt limit.

But this effort was all about politics. Democrats want to highlight the GOP alignment with oil companies this election season and Tuesday's vote will help them do that. But if it had passed it would have run smack into a pretty big problem -- because, er, it was unconstitutional.

Worried about the debt ceiling fight coming down to the wire and freaking out the world's financial markets? Don't be, says Rep. Paul Ryan (R-WI). The investors he talks to could apparently care less about the country failing to pay its short-term debts, for a little while at least.

"That's what I'm hearing from most people," Ryan told CNBC this morning. "What is more important is that you're putting the government in a materially better position to be able to pay their bonds later on."

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It was almost inevitable that Glenn Beck would bring up the Holocaust when talking about his planned rally in Israel this summer, and it seems that Tuesday was the day.

"This August," Beck said on his Fox News show, "this journey to Israel for me is personal. It's not about celebrity or teaching anybody a lesson or sending a message to any earthly power. It is about sending a message to our maker and letting him hear our message, as individuals. That this time, I will stand and I will be counted. I will not cower as people have in the past. I will not stand by and watch a whole race of people be called vermin."

"Because I've read history," he continued. "I know how it ended last time and I know how it started. First they came for the Jews, and I said nothing. Let me declare to the entire world, and ask who's with me. This time I will stand. This time I will say something. This time I will be a force for good."

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LiveWire

Clinton Postpones Trip To Charlotte

In a statement released Friday evening, Hillary Clinton's campaign announced that the Democratic nominee…