The Boston Globe writes, "As the House Energy and Commerce Committee prepared to pass a landmark climate change bill earlier this month, committee leaders received a glowing letter from an unexpected source: the chairman of Dow Chemical Co., one of the firms that would be forced to limit the amount of pollutants it emits and pay new fees for the privilege of polluting."
The paper adds that "such accolades are increasingly common from business leaders to Democratic congressional leaders, who are ushering in a new era of regulations on the environment, healthcare, and finance. Confronted by Democratic majorities, a Democratic president, and a voting public furious over Wall Street lapses, the business community, which once adamantly opposed almost all forms of government regulation and mandates, has opted to join rather than fight." (Also, check out the centerpiece photo. Treasury Secretary Tim Geithner was in Boston "to announce new tax credits aimed at creating jobs in low-income areas.")
The NRCC is running a TV ad hitting Democratic Rep. Frank Kratovil for blocking an investigation into Speaker Nancy Pelosi's back-and-forth with the CIA.
Reuters looks at health care's chance at passage: "The Congress has started work on a broad overhaul of the healthcare system in a rare spirit of optimism, but brewing battles over its cost, scope and structure could still scuttle hopes for a solution."
"Government prosecutors suggested in federal court Wednesday that they have evidence ex-Rep. William Jefferson (D-La.) took bribes in exchange for legislative activity, but said they did not charge him with that crime because his actions were protected by constitutional Speech or Debate privilege," Roll Call writes. "Prosecutors disclosed the information during debate over what Jefferson's defense team is allowed to raise during his criminal trial, which was rescheduled Wednesday and is now set to begin in Northern Virginia on June 9."