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Obama agenda: Going to Facebook

"U.S. President Barack Obama will tout his plan to trim the deficit and try to excite younger voters on Wednesday in a campaign-style trip to California that features a stop at Facebook headquarters," Reuters says. "Obama embarks on a deficit-cutting road show as policy makers and financial markets recover from ratings agency Standard & Poor's threat to downgrade America's triple-A credit rating on worries Washington won't address its fiscal woes."

The New York Times: "Democrats and Republicans are joining to oppose one of the most important features of President Obama’s new deficit reduction plan, a powerful independent board that could make sweeping cuts in the growth of Medicare spending."

The Times also writes up the president’s meeting yesterday on immigration. “With his re-election campaign launched this month and Latino communities growing increasingly frustrated with his immigration policies, Mr. Obama summoned more than 60 high-profile supporters of the stalled overhaul legislation to a strategy session, looking for ways to revive it. Among those attending were Mayor Michael R. Bloomberg of New York, an independent; Mayor Julian Castro of San Antonio, a Democrat; and former Gov. Arnold Schwarzenegger of California, a Republican.”

Big trade and business associations are not messing around when it comes to the debt ceiling. The Hill writes that "Groups such as the National Association of Wholesaler-Distributors (NAW), the U.S. Chamber of Commerce and the National Association of Manufacturers (NAM) plan to step up their advocacy for a debt-limit increase as the deadline for congressional action draws closer."

National Journal takes a look at what has - and hasn't - changed since the BP oil spill one year ago.

A plane carrying first lady Michelle Obama came too close to a massive military cargo jet because of an air traffic controller's error and had to abort a landing at Andrews Air Force Base, U.S. aviation officials said Tuesday.