President Obama is asking that the Bush Tax Cuts be extended for those making under $250,000 a year for one year.

Not quite right.

Obama is not proposing that families making up to $250,000 a year keep their tax cuts while families making more than that don't. He's proposing that every family keep their tax cuts on their first $250,000 of taxable income (which is not the same as "income" or "earnings," by the way).

That includes families with taxable income of $260,000, $1 million, $5 billion, $3 trillion, or whatever Jay-Z and Beyonce make in a year. Everyone would continue to pay a lower tax rate on their first $250,000 of taxable income under Obama's plan. To report that Obama only wants to maintain tax cuts for families making less than $250,000 is simply false.

If you're wondering how literally the entire media could get this story wrong, look no further than Obama himself, who is framing his own tax proposal inaccurately. "I'm calling on Congress to extend the tax cuts for the 98 percent of Americans who make less than $250,000 for another year," he said in an East Room speech earlier this afternoon.

Nice explanation for those who think he's done nothing on the issues.

The Advocate endorsed him, marking the first time in a number of cycles they have done so.

"Dear All, It is time for me to chuck in the sponge. To retire from films and stage. The heart for it has gone out of me: it won't come back.

Problem?

With no facts to back up her claim, VonHatten falsely alleges Anthony had violated several terms of her probation for check fraud, accusing the woman of cavorting with felons, lying about having her computer hacked and wasting taxpayer money because she's unemployed.

"Well, some of those things I really don't know...maybe I should've left that out," VonHatten said about her allegations. "There is no basis in fact. But I believe they are true."

Report is long - 267 pages.

Louis Freeh, as quoted in the NYT:

Our most saddening and sobering finding is the total disregard for the safety and welfare of Sandusky's child victims," said Louis J. Freeh, the former federal judge and director of the F.B.I. who oversaw the investigation. "The most powerful men at Penn State failed to take any steps for 14 years to protect the children who Sandusky victimized."

The unions assure everyone that they still support Obama, but are very displeased with convention planners and think they have been ignored by the party.

Look no further than the International Brotherhood of Electrical Workers to measure the price that Democrats are paying for the decision to hold their national convention in union-hostile territory.

Traditionally a generous supporter of Democratic conventions, IBEW contributed $1 million to fund the festivities in Denver in 2008. This year, it will instead be writing a seven-figure check for a "Workers Stand for America" rally in Philadelphia on Aug. 11.

The rally, financed in part by money from IBEW and other unions that would otherwise be going toward the Sept. 3 convention in Charlotte, will showcase a  "second bill of rights" intended to refocus attention on middle-class concerns--jobs, living wages, energy, and educational opportunity. The entire initiative will be announced at a Thursday afternoon press conference with IBEW President Ed Hill and AFL-CIO President Richard Trumka.

It's a big block of support that ispart of the reason the Dems are hurting in their convention fundraising this year.

Democrats' struggles to raise money for their Charlotte soiree have been widely publicized. Bloomberg News reported in late June that Democrats have only managed to lock in less than $10 million of their stated $36.6 million goal. Perhaps the shortfall is not all too surprising when you consider that unions put up $8 million for the convention in Denver.