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President Obama has laid out the most ambitious and expensive domestic agenda since LBJ, and now all he has to do is figure out how to pay for it. On Tuesday, he left the impression that we need merely end "tax breaks for the wealthiest 2% of Americans," and he promised that households earning less than $250,000 won't see their taxes increased by "one single dime."
This is going to be some trick. Even the most basic inspection of the IRS income tax statistics shows that raising taxes on the salaries, dividends and capital gains of those making more than $250,000 can't possibly raise enough revenue to fund Mr. Obama's new spending ambitions.

A group of liberal bloggers said it is teaming up with organized labor and MoveOn to form a political action committee that will seek to push the Democratic Party farther to the left.

Soliciting donations from their readers, the bloggers said they are planning to recruit liberal candidates for challenges against more centrist Democrats currently in Congress.

The formation of the group marks another step in the evolution of the blogosphere, which has proved effective at motivating party activists to give money and time to political campaigns, especially in local races.

Clinton said the GOP is in such a deep hole that their only prayer is to go along with President Obama’s agenda now and try to articulate a reality-based alternative vision over the long term. Here’s a transcript of what Bill said about the Republicans’ only route out of the wilderness:

News organizations will be allowed to photograph the homecomings of America's war dead under a new Pentagon policy, defense and congressional officials said Thursday.

Defense Secretary Robert Gates has decided to allow photos of flag-draped caskets at Dover Air Force Base, Del., if the families of the fallen troops agree, the officials told The Associated Press.

Gates planned to announce his decision later Thursday, they said. The current ban was put in place in 1991 by President George H.W. Bush.

Some critics have contended the government was trying to hide the human cost of wars in Iraq and Afghanistan.

But a spokeswoman for a military family group said the group was disappointed in the policy change. "This is a complete disregard for the will of America's military families and the need for their privacy during this solemn moment," said Meghan Tisinger, spokeswoman for Families United for Our Troops and Their Mission.