GOP assails Dems on approach to health bill (AP)

AP - Democrats defended plans to push massive health care legislation through the House without a direct vote and Republicans assailed the strategy Tuesday, as both parties fenced ferociously over the health overhaul end game.

Dodd unveils sweeping financial regulation plan (AP)

AP - A new Democratic Senate bill to tame the financial markets would give the government new powers to break up firms that threaten the economy, force the industry to pay for its failures and create an independent consumer watchdog within the Federal Reserve.

Pay czar limits exec pay at still-struggling GMAC (AP)

AP - The Obama administration's pay czar is limiting 2010 compensation for top executives at GMAC Inc. because the auto finance giant continues to lose money and can't yet repay its $16.3 billion taxpayer bailout, according to people familiar with the negotiations.

Bipartisan jobs bill advances past GOP filibuster (AP)

AP - A bipartisan bill that would provide tax cuts for businesses that hire unemployed workers cleared a GOP filibuster in the Senate Monday, opening the way for final congressional approval.

Oil and Gas Companies Warm to Possibility of Higher Taxes at the Pump (CQPolitics.com)

CQPolitics.com - As a rule, big business hates higher taxes. So it would come as no surprise to find the oil and gas industry upset about climate change legislation that would increase levies at the gas pump.