Essential Reads

Essential Reads is your one-stop source for the top stories of the day as reported by your favorite Washington Week panelists. It's a simple way to save time and stay informed about the news you need to know. Check it out every day!

Jul 06, 2012

  • Stakes for Jobs Figures Rise as Voters’ Views Start to Solidify

    By Annie Lowrey and John Harwood, The New York Times

    Economists are slashing their already tepid growth forecasts. The unemployment rate seems stuck at around 8 percent. It is a tense time for the American economy. It is also the time that some experts believe the country’s undecided voters are beginning to cement their presidential picks.

    Read more
  • Report: Romney's June Take Exceeds $100 Million

    By National Journal Staff

    Thanks in part to a money surge following last week's Supreme Court ruling, Mitt Romney's campaign brought in more than $100 million in June -- far more than his $77 million haul in May, two Republican sources told CNN. The amount includes money raised by the campaign along with the Republican National Committee. Romney has concentrated on fundraising over the past month, holding events in California, Oregon, Washington, and Texas.

    Read more from National Journal
  • Mitt Romney’s problem on the health-care mandate question

    By Dan Balz, The Washington Post

    For a politician on vacation, Mitt Romney has managed to make a lot of news this week — in all the wrong ways. He might have been better off just competing in the Romney Olympics with his family rather than a verbal gymnastics event against his chief spokesman, Eric Fehrnstrom.

    Read more

Jul 05, 2012

  • Obama Sticks With Outsourcing Attacks

    By Laura Meckler, The Wall Street Journal

    The Obama campaign is doubling down on its portrayal of Mitt Romney as an “outsourcing pioneer,” with a new TV ad and plans for continued focus on the issue through the summer. The new advertisement suggests that Mr. Romney supports moving jobs overseas while Mr. Obama wants to bring them back, though there is some debate over whether overseas expansions by companies controlled by Mr. Romney’s Bain Capital translated into lost American jobs.

    Read more
  • In four key swing states, voters are anxious, divided and debating big questions

    By Karen Tumulty, Jeremy Borden, T.W. Farnam, Michael laris and Rachel Weiner, The Washington Post

    Big national holidays are about celebrating common ideals and aspirations; national politics often turn on how those ideals and aspirations match up against the realities of daily life. So it may come as no surprise that the Fourth of July in an election year can be a time of dissonance, when pride and trepidation march side by side down Main Street.

    Read more
  • Obama Marks Fourth With New U.S. Citizens

    By Jackie Calmes, The New York Times

    President Obama for a fourth straight Fourth of July joined with military families to eat barbecue and watch fireworks from the White House lawn, but this year he also began the day with active-duty service members, presiding at a citizenship ceremony that made 25 of them new Americans.

    Read more
  • Who Offshored My Lemons?

    By Jim Tankersley, National Journal

    There are two really important things to understand about the latest back-and-forth between President Obama and Mitt Romney over Bain Capital’s role in outsourcing U.S. jobs. First, the Romney camp’s defense in this case amounts to a distinction without a difference for displaced American workers who don’t much care if a company ships jobs overseas directly or just invests in people who show companies how to do the job-shipping.

    Read more from National Journal
  • China's Central Bank Cuts Interest Rates

    With David Wessel, Wall Street Journal

    Jeannette Neumann and David Wessel discuss Chinese and European central banks cutting their interest rates, and Joel Schectman looks at NBC and Google's preparations to keep cyberattacks at bay during the Summer Olympics.

    Read more

Jul 03, 2012

  • At July lull, presidential race is close as ever

    By Charles Babington, Associated Press

    The presidential race is entering the sultry summer, a final lull before the sprint to Election Day, with President Barack Obama and Republican Mitt Romney neck and neck and no sign that either can break away. As both candidates take a breather this week — Romney at his lakeside compound in New Hampshire and Obama at the Camp David presidential retreat — each sees problems he'd like to cure before Labor Day.

    Read more
  • You Say Tax, I Say Penalty

    by John Dickerson, Slate

    Things have gotten so bad for Chief Justice John Roberts that Mitt Romney would rather agree with Barack Obama. In the wake of the Affordable Care Act ruling, the Obama administration and the Mitt Romney campaign have agreed to define the same taxlike object not as a tax but as a penalty. This rare act of bipartisan agreement likely denies Romney a potent tax argument against the president, but that may be wise since the argument can be used against Romney, too.

    Read more
  • U.S. Adds Forces in Persian Gulf, a Signal to Iran

    By David Sanger, Thom Shanker and Eric Schmitt, The New York Times

    The United States has quietly moved significant military reinforcements into the Persian Gulf to deter the Iranian military from any possible attempt to shut the Strait of Hormuz and to increase the number of fighter jets capable of striking deep into Iran if the standoff over its nuclear program escalates.

    Read more
  • Can Sanctions Force Iran To Change Its Policies?

    By Tom Gjelten, NPR

    Whether economic sanctions can force a government to change course is far from clear, but Iran should be a good test case. A European Union embargo on Iranian oil took full effect this week, complementing U.S. measures that have grown much more severe in recent weeks. Other Western sanctions now in place target Iranian banks, foreign companies that provide shipping insurance for Iranian oil tankers, and foreign firms that invest in the Iranian oil industry.

    Read more
  • Romney camp sides with Obama that health insurance mandate is not tax

    By Karen Tumulty and N.C. Aizenman, The Washington Post

    Mitt Romney’s presidential campaign on Monday rejected a Republican attack on the Affordable Care Act, repudiating a contention made in last week’s Supreme Court decision that the law’s requirement that individuals carry medical coverage amounts to a tax.

    Read more

Jul 02, 2012

  • Dems Argue Health Mandate Is Penalty, Not Tax

    With Julianna Goldman, Bloomberg

    Julianna Goldman reports on President Barack Obama's visit to two key battleground states, the impact of the health-care ruling on his campaign and republican politics.

    Watch and Read more
  • European Leaders Cling To Ideal Of Integration

    By Tom Gjelten, NPR

    It has taken several years of financial upheaval and nearly 20 summits, but the prospect of Europe's disintegration has apparently frightened leaders into working together. This seems to be the larger message emerging from the European summit in Brussels, Belgium, where EU leaders agreed Friday to a $150 growth plan for the struggling economies across the continent. The deal sent stock markets surging in Europe, the U.S. and elsewhere.

    Listen and read more
  • Washington Mulls Over Health Care Act

    With John Harwood, CNBC

    CNBC's John Harwood reports Congress and the nation have a full week to digest the Supreme Court's decision on the Affordable Care Act.

    Watch and Read more
  • Obama's victory is now his challenge

    By Doyle McManus, Los Angeles Times

    "In my first term, we passed healthcare reform," President Obama joked this spring. "In my second term, I guess I'll pass it again." Thanks to the Supreme Court, Obama can take that item off his agenda. But Chief JusticeJohn G. Roberts Jr.guaranteed Thursday that healthcare will still be at the center of this year's presidential race.

    Read more
  • Fresh Skirmishes Over ‘Obamacare’

    By Naftali Bendavid, The Wall Street Journal

    The parties’ back-and-forth continued Monday following the Supreme Court’s health care decision. The Democratic Congressional Campaign Committee, which coordinates the Democrats’ House campaigns, is launching automated and live phone calls in the districts of 10 Republicans who support repealing the law, charging them with looking out for insurance companies rather than ordinary people. Repeal would allow insurers to deny coverage to people with pre-existing conditions, “throw some kids of their parents’ insurance,” and take other damaging actions, the calls say.

    Read more

Jun 29, 2012

  • Did Obama Just Get His Mojo Back?

    by John Dickerson, Slate

    President Obama's campaign team can come up from the root cellar. The summer health care tornado did not land. The Supreme Court ruled the Affordable Care Act is constitutional, protecting the president's signature legislative achievement. The decision was authored by conservative darling Chief Justice John Roberts, suggesting that, politically at least, this seal of approval was affixed by Betty Crocker herself. If the law had been struck down in whole or in large parts, it would have endorsed Mitt Romney's claim that President Obama committed a double sin: He wasted the precious start of his presidency on a wrong-headed scheme while ignoring a weak economy. But what now? Just because the Supreme Court upheld the law doesn't mean the legislation is popular. The president avoided a big defeat, but Mitt Romney's conservative base is energized. The net result is that it was a good day politically for the president, but it's a small net.

    Read more
  • Analysis: Why Roberts saved Obama's healthcare law

    By Joan Biskupic, Reuters

    In the end, it all came down to Chief Justice John Roberts, the sphinx in the center chair, who in a stunning decision wove together competing rationales to uphold President Barack Obama's healthcare plan. Roberts' action instantly upended the conventional wisdom that he would vote with his four fellow conservative justices on the U.S. Supreme Court and undercut the agenda of a Democratic president, who as a senator in 2005 had opposed Roberts' appointment to the bench.

    Read more