TPM News

Reuters reports:

Soldiers opposed to President Ali Abdullah Saleh have reached a ceasefire with government forces, an opposition source said on Monday, after fierce gun battles erupted during a crackdown on pro-democracy protesters.

Full transcript of President Obama's "Buffett Tax" address, as prepared for delivery:

This continues to be a time of challenge for our country. We face an economic crisis that has left millions of our neighbors jobless, and a political crisis that has made things worse. Millions of Americans are looking for work. Across our country, families are doing their best just to scrape by -- giving up nights out with the family to save on gas or make the mortgage, or postponing retirement to send a child to college.

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NBC reports:

Linda McMahon, the former chief executive officer of World Wrestling Entertainment, is getting ready to rumble again for a U.S. Senate seat. Last time, it was the seat the then-Sen. Chris Dodd held. This time it is for the seat that U.S. Sen. Joe Lieberman will vacate at the end of this term.

According to a survey of cable news networks compiled by Poll Position, a new non-partisan internet polling site, a plurality of Americans prefer Fox News over both CNN and MSNBC. 36.1% of the 1,180 respondents picked the conservative network, while 27.8% chose CNN and only 16.6% preferred MSNBC. The remaining 19.5% of respondents had no opinion on the matter.

The numbers reinforce the widely held belief that conservatives prefer Fox News, with 61.9% of them choosing the network. Interestingly, a plurality of independents preferred Fox News as well.

Fox News was preferred by a plurality of viewers across all age groups with the notable exception of those aged 18-29. Just over 39% of the youngest respondents felt that CNN was ‘best’ compared to 19.8% percent choosing MSNBC and 16.7% choosing Fox News.

RENO, Nev (Reuters) – A 10th person has died from injuries sustained when a World War Two-era fighter crashed nose-down near the grandstands at a Nevada air race last week, a hospital said on Monday.

BANI WALID/SIRTE, Libya (Reuters) – Libya’s interim government said on Monday its forces had seized the airport and fort in Sabha, one of the last strongholds of forces loyal to Muammar Gaddafi which also controls the main route south out of Libya.

President Barack Obama ignored a warning from Republicans against proposing tax increases Monday and rolled out a plan to reduce the deficit consisting of a mix of spending cuts and revenue raisers in an combative speech designed to persuade the public to embrace a balanced approach to bringing down the nation's debt.

In remarks in the White House Rose Garden, Obama drew stark contrasts between Republican's penchant for backing "tax cuts for millionaires and billionaires" while requiring seniors, the middle class and the poor to tighten their belts and accept sacrifices.

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Tommy Thompson, the former four-term Wisconsin governor and Bush-era Health and Human Services Secretary who has been eyeing a run in 2012 for his state's open Democratic-held Senate seat, has now announced that he is officially filing his papers to run -- but he adds that this is still not his actual announcement, which will come soon.

"I've filed my corporation documents today, which allows me now to build my organization, raise money so I can go out there and tell the story," Thompson said Monday, during an interview with Milwaukee-area talk radio host Charlie Sykes.

"An announcement will be coming very soon...we're doing it in steps because that's what the federal law requires."

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An appearance on 'The Tonight Show with Jay Leno' quickly turned awkward for GOP presidential candidate Rep. Michelle Bachmann (R-MN). Leno thanked the Tea Party favorite for appearing, noting, "We've done a million jokes. Hopefully you haven't been...watching any of them."

Leno played it fairly straight for the rest of the interview, choosing to press the candidate on some of the recent issues for her campaign instead of going for laughs. After touching on her recent comments about HPV vaccinations the interview turned, well, awkward.

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Pivoting off of Warren Buffett’s claim that the billionaire investor pays less in taxes as a share of his income than does his secretary, the progressive group has released a new ad linking said secretary to other ordinary Americans.