The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at http://www.abcnews.com
Compiled by ABC News’ PETER MARTINEZ, CARRIE HALPERIN, KRISTEN RED-HORSE, JAYCE HENDERSON, JUSTIN GRANT and LAURA GREENE
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PRESIDENT OBAMA AND THE ECONOMY:
ABC News Analysis by Gary Langer: “‘Right Direction’ Rating Advances With Drop in Economic Pessimism” LINK
ABC News’ Jake Tapper: “GOO-GOO-GA-GOOLSBEE!!” LINK
The Los Angeles Times’ Peter Wallsten and Jim Tankersley: “Obama takes step over the line that separates government from private industry” LINK
The Hill’s Jared Allen and Walter Alarkon: “Obama Asks For Budget Momentum From Dems” LINK
The Hill’s Jared Allen: “House Democratic Factions Consider Offering Their Own Budget Proposals” LINK
Politico’s Patrick O’connor: “Dems Pressed On Health, Energy” LINK
Bloomberg’s Craig Torres and Lizzie O’Leary: “Fed Takes Lead Role in Executing ‘Stress Tests’ of U.S. Banks” LINK
The Washington Post’s Perry Bacon Jr.: “Ex-Commerce Nominee Now Top Budget Critic” LINK
The New York Times’ Carl Hulse: “Obama Goes to Lawmakers on Budget” LINK
The New York Daily News’ Jane Ridley: “It might be G-20, but London is all about ‘The One'” LINK
PRESIDENT OBAMA AND THE AUTO INDUSTRY:
ABC News’ George Stephanopoulos: “White House: Bankruptcy May Be Leading Option for GM” LINK
ABC News’ Jake Tapper, Charles Herman and Karen Travers: “GM’s Rick Wagoner Gone, but Carmaker’s Problems Remain” LINK
The World Newser: “Is GM Headed to Bankruptcy?” LINK
USA Today’s Sharon Silke Carty: “GM’s future at stake as Obama’s team steps in” LINK
USA Today’s Chris Woodyard: “To get federal help, Chrysler has 30 days to do Fiat deal” LINK
The Los Angeles Times’Ken Bensinger: “Plan for GM may involve bankruptcy” LINK
The Hill’s Sam Youngman and J. Taylor Rushing: “President Obama’s Auto Plan Throws Lawmakers” LINK
Politico’s Jim Vandehei & Mike Allen: “Carrots for Banks, Sticks For Autos” LINK
Politico’s Lisa Lerer & Martin Kady Ii: “Detroit Plan Has GOP All Over The Map” LINK
The Wall Street Journal’s Jeffrey Mccracken, John D. Stoll and Neil King Jr.: “U.S. Threatens Bankruptcy for GM, Chrysler” LINK
The Wall Street Journal’s Neil King Jr. and Joseph B. White: “Tough Auto Measures Carry Political Risks for the President” LINK
The Wall Street Journal’s Matthew Dolan: “Blame Is Put on Management, but Hourly Workers, Retirees Face More Pain” LINK
Bloomberg’s Keith Naughton: “Ford May Flip to Laggard from Leader If Obama Gets GM Healthy” LINK
Bloomberg’s Jeff Green: “GM Must ’Do More and Do It Faster’ as Bankruptcy Threat Grows” LINK
Time Magazine’s Massimo Calabresi: “Obama’s Auto Odd Couple: Trying to Save GM and Chrysler” LINK
The Washington Times’ Patrice Hill: “Bankruptcy still looms for GM, Chrysler” LINK
The Washington Times’ Andrea Billups: “Motown suffers from Wall Street envy” LINK
Washington Post’ Op-Ed by Richard Cohen: “The Wheels Are Off: Stop Pouring Money Into GM and Chrysler” LINK
Washington Post Columnist Dana Milbank: “Washington Sketch: No Nominee Yet for Secretary of Rustproofing” LINK
The New York Times’ Sheryl Gay Stolberg and Bill Vlasic: “President Gives U.S. Carmakers a Short Lifeline” LINK
The New York Times’ Bill Vlasic and Nick Bunkley: “U.S. Sees a Smaller Future for G.M. Than G.M. Does” LINK
New York Times Editorial: “The Last Best Chance for Detroit” LINK
The New York Daily News’ Kenneth Bazinet: “Obama says GM, Chysler need to do more to save themselves” LINK
PRESIDENT BARACK OBAMA AND HIS ADMINISTRATION:
ABC News’ Jake Tapper: “Is There a War on the Term ‘War on Terror'” LINK
ABC News’ Kirit Radia: “Obama Administration Sudan Envoy Headed to Region” LINK
The Associated Press: “Obama signs Reeve bill on paralysis research” LINK
The Los Angeles Times’ Richard Boudreaux: “Israel’s incoming prime minister says he can work with Obama” LINK
The Los Angeles Times’ Josh Meyer and Anna Gorman: “Homeland Security shifts focus to employers” LINK
The Los Angeles Times’ Paul Richter: “Obama administration ditches ‘war on terror’ phrase” LINK
The Hill’s Bridget Johnson: “Experts: Obama Needs To Watch The Gaffes” LINK
Politico’s Mike Allen: “Obama Hits E-Campaign Trail” LINK
The Washington Post’s Jon Cohen and Dan Balz: “Blame for Downturn Not Fixed on Obama” LINK
The New York Times’ Elisabeth Bumiller: “Gates Securing a Role Under Yet Another President” LINK
AIG:
ABC News’ Anna Schecter, Brian Ross and Justin Rood: “The Executive Who Brought Down AIG” LINK
Bloomberg’s Hugh Son: “AIG Workers’ Compensation Rates Probed by 50 State Regulators” LINK
HEALTH:
The Wall Street Journal’s Jane Zhang: “U.S. Acts to Ease Costs of Private Medicare Plans” LINK
SECRETARY OF STATE HILLARY CLINTON:
ABC News’ George Stephanopoulos: “Caught My Eye: Clinton’s ‘Ah-Ha’ Moment” LINK
ABC News’ Kirit Radia: “Hillary Clinton the Tomboy and Her “Ah-Ha” Moment” LINK
ABC News’ Kirit Radia: “Clinton Says New Afghanistan-Pakistan Plan Depends on Diplomacy” LINK
Politico’s Ben Smith: “Hillary and God in Mexico City” LINK
The Wall Street Journal’s Jay Solomon: “U.S. Drops ‘War on Terror’ Phrase, Clinton Says” LINK
Bloomberg’s Indira A.R. Lakshmanan: “Clinton Says Afghan Aid Needs Overhaul as Nations Meet on Plan” LINK
ECONOMY/HOUSING & MORTGAGES/AUTO INDUSTRY/JOBS:
ABC News Nightline: “Closing Arguments: U.S. Heading in Right Direction?” LINK
USA Today’s Bruce Horovitz: “Marketers target job-loss fears, offer relief to consumers” LINK
USA Today’s Jayne O’Donnell: “Incentives to buy new vehicles please auto industry” LINK
FIRST FAMILY:
USA Today’s Maria Puente: “All eyes and cameras follow first lady to Europe” LINK
The New York Daily News’ Michael Saul: “Michelle Obama tells Oprah she’s not pregnant” LINK
CONGRESS:
The Los Angeles Times’ James Oliphant: “Riding the anti-Wall Street wave to Congress?” LINK
The Washington Times’ Edward Felker: “Coal is winner even in ‘green’ Congress” LINK
DEMOCRATS/REPUBLICANS:
The Washington Times’ Editorial Staff: “Rush 1, Obama 0” LINK
ENERGY/ENVIRONMENT:
The Associated Press: “For the White House, Not So Easy Being Greener” LINK
OTHER MUST-READS:
ABC News’ Luis Martinez: “Daily Photo: Potential Flashpoint in Iraq” LINK
ABC News’ Lara Setrakian: “Arab League Embraces Sudanese President Wanted for War Crimes” LINK
ABC NEWS VIDEOS:
“Auto Recovery Stalls” LINK
“George on the Auto Industry” LINK
“National Interest in N.Y. Election” LINK
“GM CEO Rick Wagoner Resigns” LINK
“Obama Unveils GM, Chrysler Plan” LINK
“Geithner on Bank Plan” LINK
Political News 