The Washington Post: "President Obama will hit the road this week and forcibly deliver his message that a combination of spending cuts and tax hikes on the rich is necessary to rein in the nation’s rocketing debt — a high-stakes effort to rally public support ahead of a series of contentious budget battles in Congress."
"From Northern Virginia Community College in Annandale to Facebook’s headquarters in Silicon Valley, Obama will make a series of campaign-style stops in an effort to block a Republican plan that would reduce the deficit by dramatically changing Medicare and reducing spending on education and other social programs."
"Treasury Secretary Timothy Geithner said Republican leaders have assured the White House they are prepared to lift the debt ceiling in time to avoid disruptions to capital markets and a potential credit default," the Wall Street Journal writes. "In interviews aired on the Sunday talk shows, Mr. Geithner said House Speaker John Boehner and other senior Republicans told President Barack Obama in discussions last week that they were aware of the risk of a credit default and were open to lifting the limit even in the absence of a comprehensive deal to slash the country's debt load."
Obama’s signing statement: “President Obama issued a signing statement on Friday night saying that he could bypass a provision in the new budget that would prevent him from appointing White House “czars” to oversee major policy initiatives,” the New York Times says.
More: “During his campaign for president, Mr. Obama criticized President George W. Bush for what he portrayed as abusive use of signing statements to nullify the will of Congress. Mr. Obama vowed to show greater restraint. To be sure, Mr. Bush’s use of signing statements was often informed by a conservative legal theory that invests enormous power in the office of the presidency, a theory to which Mr. Obama has not adhered. But since taking office, Mr. Obama has seemed less reticent to employ signing statements than his campaign statements may have suggested.”