Virginia: At a Bloomberg News breakfast, Sen. Jim Webb, D-Vir., predicted that Obamacare will be Obama’s greatest liability in Virginia. “I think that the manner in which the health-care reform issue was put in front of the Congress, the way that the issue was dealt with by the White House, cost Obama a lot of credibility as a leader,” Webb said.
Obama: Obama issued a threat to House Republicans yesterday, promising to veto any appropriations bills that spend less than the spending caps set in last August’s debt limit deal.
Around the Bigs
The Wall Street Journal, Europe’s Rescue Plan Falters: The roughly $1.3 trillion in “emergency” loans the European Central Bank gave European banks to buy government debt is running out. This is sending yields on Spanish and Italian bonds higher, making sovereign default a very real threat again.
The Hill, House clears highway bill with Keystone pipeline mandate: Defying a White House veto threat, the House on Wednesday passed legislation that extends transportation program funding through September and mandates construction of a controversial oil pipeline from Canada to the Gulf Coast.
USA Today, India tests nuclear missile that can hit Beijing: India announced Thursday that it had successfully test launched a new nuclear-capable missile that would give it, for the first time, the capability of striking the major Chinese cities of Beijing and Shanghai.
The Weekly Standard‘s Jay Cost makes the case that Obama is the underdog in 2012.
At The Corner, Ramesh Ponnuru looks at the latest Pew poll and concludes that Romney should worry less about women and “keep an eye on Catholics.”
AEI’s Scott Gottlieb details the problem with Obamacare’s bundled payments initiative.
Talking Points Memo‘s Sahil Kapur attacks House Republicans for “pushing policies that disproportionately harm Hispanics.”