DAY'S END ROUNDUP

FROM THE BLOGS:

Taxing the rich
Paul Krugman argues in the New York Times that the top 1% of income earners would see very little negative impact if their taxes are raised.

Texas to deny poor residents Medicaid coverage
AlterNet's Alex Kane says that over a million low-income Texas residents will be excluded from a Medicaid expansion program.

Axelrod rips CBS's Schieffer for criticizing Obama
Noel Sheppard of News Busters says David Axelrod's criticism of Bob Schieffer is an example of why it was a bad idea for NBC to hire the former Obama campaign adviser as a network analyst.

The IRS, Obamacare, and you

The Foundry's Christopher Jacobs says the implementation of Obamacare will result in a massive expansion of the IRS's powers.

OTHER NEWS SOURCES:

House Judiciary investigating whether Holder lied under oath
The House Judiciary Committee is investigating whether Attorney General Eric Holder lied under oath during his May 15 testimony on the Justice Department’s surveillance of reporters, The Hill's Jonathan Easley reports.

Obama: Jersey Shore is 'as special as ever'
President Obama and New Jersey Governor Chris Christie (R) visited the hurricane-ravaged region on Tuesday, The Hill's Niall Stanage reports.