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Tuesday, November 13, 2012

The Early Word: Deductions

Today's Times

  • Democrats are latching on to one of Mitt Romney's ideas - to raise taxes on the rich through a hard cap on income tax deductions. Jonathan Weisman explains that they think the cap could help reach a bipartisan deficit reduction agreement, while Mr. Romney proposed it as a way to pay for an across-the-board cut in income taxes.
  • Labor leaders' robust support for President Obama didn't end on Election Day, Steven Greenhouse reports. They intend to back him through his second term on issues like Medicare, Medicaid and Social Security.
  • Senator John Kerry of Massachusetts and Susan E. Rice, the American ambassador to the United Nations, are the front-runners to succeed Hillary Rodham Clinton as secretary of state, but they are both dogged by issues that could complicate their path, Mark Landler writes.
  • “The Optimizer” cannot be bought at any gadget store or online retailer, but obtaining it can help you beat a better-financed opponent in a presidential advertising war, Jim Rutenberg reports.
  • More same-sex marriage initiatives could be coming to a ballot near you in 2014, Erik Eckholm writes.

Around the Web

  • Former Gov. Rod R. Blagojevich of Illinois will now be slinging books at the prison library, WBBM Newsradio reports.

Happenings in Washington

  • The newly elected members of Congress will start their orientation on Capitol Hill.