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Obama agenda: Show me the money

“President Obama will use his first Oval Office speech Tuesday night to outline a plan to legally compel BP to create an escrow account to compensate businesses and individuals for their losses from the oil spill in the Gulf of Mexico, administration officials said on Sunday,” the New York Times front-pages. “Mr. Obama will press for the escrow account if BP does not establish one voluntarily. The board of the London-based company will discuss the idea and other spill-related issues -- including a brewing controversy over a big dividend for shareholders coming due this summer -- at an emergency session on Monday, company officials said.”

“President Obama will give BP an ultimatum this week: show me the money, or else,” the New York Daily News’ DeFrank writes. “Obama will deliver a prime-time speech on Tuesday and face down BP executives on Wednesday to show them, and his legion of critics, that me means business.”

The New York Post puts on its cover: “Prez’s Pain: Says impact of gulf devastation on national psyche ‘echoes 9/11.’”

The AP: “The White House backs Israel's inquiry into its deadly raid last month on a flotilla trying to break a blockade against Gaza, saying the independent public commission is ‘an important step forward.’”

What’s with Obama and beer? The president bet the UK’s David Cameron a beer that the U.S. soccer team would beat England on Saturday. (Since there was a tie, do they cheer together? Drink half a beer?)

“President Barack Obama spent four hours on the golf course Sunday in temperatures that peaked in the low 90s,” The Hill notes, adding, “Transportation Secretary Ray LaHood was among the group golfing with Obama. Also reportedly in the golfing group were White House Trip Director Marvin Nicholson and photographer David Katz.”