The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.
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CNN: Deal pushes 'millionaire's surtax' plan back to 2013
The White House and Senate Democrats have agreed to push the effective date of a proposed "millionaire's surtax" back a year to January 2013 and to slightly raise the rate, White House and congressional sources told CNN on Wednesday.
CNN: Palin will not seek presidential nomination
Sarah Palin, ending months of speculation, said Wednesday she will not run for president, either as a Republican or third-party candidate. "This has been prayerfully considered," the former Alaska governor said on the Mark Levin radio program. "I can be on the right path without being a candidate."
CNN: New boss at ATF announces major shake-up at the troubled agency
The man named one month ago to head the troubled Bureau of Alcohol, Tobacco, Firearms, and Explosives announced Wednesday he is dramatically shaking up the agency, which he readily acknowledged has been damaged by a controversial gun-trafficking operation.
CNN: Justices bring constitutional road show to the Senate
Justices Antonin Scalia and Stephen Breyer appeared at a robust Senate hearing Wednesday to talk about the role of judges under the Constitution. The two are polar opposites ideologically, but good friends off the bench. And they showed surprising unanimity on a range of issues.
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CNN: Steve Jobs, Apple founder, dies
Steve Jobs, the visionary in the black turtleneck who co-founded Apple in a Silicon Valley garage, built it into the world's leading tech company and led a mobile-computing revolution with wildly popular devices such as the iPhone, died Wednesday. He was 56.
CNN: Wall Street protests mark 20th day Thursday
Thursday marks the 20th day of Wall Street protests and the grassroots demonstrations against income inequality, corporate greed and other social ills appear to be picking up steam. The crowds at the "Occupy Wall Street" rally on Wednesday seemed to be the largest since the protests started.
CNN: Judge denies motion to block Alabama immigration law
A federal district judge in Alabama denied on Wednesday an emergency request aimed at blocking parts of the state's new immigration law during an appeal process. The motion was filed by a coalition of civil rights groups and the U.S. Department of Justice.
Wall Street Journal: Post Office's Rescue Plan: Junk Mail
The agency, beset by historic losses and a plummet in first-class mail, is running promotions, easing rules and planning television and radio ads to encourage more businesses to send pitches by standard mail, the official term for bulk mailings used by marketers to prospect for customers.
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CNN: Marchers shut down central Athens in financial protest
The march accompanied a one-day strike in the public sector that shut down Athens International Airport, government ministries and schools. Hospitals operated on skeleton staffs, and some commuter rail services were closed.
Al Jazeera: NTC forces push for 'final Sirte fight'
Fighters belonging to Libya's ruling National Transitional Council [NTC] have fought their way, street by street, into the centre of toppled leader Muammar Gaddafi's birthplace, Sirte, after their commanders said the battle for the city was entering its final hours.
CNN: U.N. secretary-general disappointed by Syria veto
U.N. Secretary-General Ban Ki-moon expressed disappointment Wednesday that Russia and China this week blocked a Security Council resolution against a crackdown in Syria, and Turkey called the move "unfortunate."
New York Times: Palestinians Win a Vote on Bid to Join Unesco
Despite strong opposition from the United States, Germany and several other European states, the Palestinians gained initial approval on Wednesday of a bid for full membership in Unesco as part of their broader campaign for recognition as a state by the United Nations Security Council.
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Bloomberg: Apple Looks Overseas to Stay on Top Without Jobs
Steve Jobs built Apple Inc. into the world’s most valuable technology company with easy-to-use products that transformed the computing, wireless and music industries. The company will look for overseas growth to extend that legacy and remain an investor favorite.
CNNMoney: BofA chief: We have a 'right to make a profit'
Bank of America's CEO defended his bank's new $5 fee on debit cards on Wednesday, saying that customers and shareholders understand the bank has a "right to make a profit." …Bank of America's announcement of a new debit card fee was followed today by an announcement of new checking account fees by Citibank.
CNNMoney: Stocks end higher on optimism about Europe
U.S. stocks rallied ahead of the close Wednesday, ending the day higher. Investors grew more optimistic that European leaders could be moving closer to a resolution of its debt crisis. Developments in Europe, rather than economic data from the U.S., continue to dictate market movements.
In Case You Missed It…
CNN's John King and Wall Street Journal Senior Economy Writer Stephen Moore explain Herman Cain's 9-9-9 plan.
Not running is the best thing Sarah Palin could have for Americans. While she sure could have used the $20 million her campaign would have generated, our country could not have survived her hate, her lying, her misinformation, and lack of intelligence.
Herman, I mean Herb, Cain's close association with the birther movement is troubling. We can all deal with him being a liar, but for him to write weekly columns for the birther group, WorldNetDaily is not a good idea.