The Daily Digest (Obama, Dayton and Senate GOP talk jobs)

President Obama told Congress that he wants to spend $450 billion (mostly in tax cuts) to help stimulate the economy. You can read the full speech here.

Here’s a look at what Obama is proposing.

The proposal got a mixed reaction from Minnesota’s delegation.

A GOP lawmaker’s sign broke decorum at the speech.

Federal Reserve Chair Ben Bernanke offered few specifics on fixing the economy. He also said cuts to government could hamper the economy. Bernanke spoke in Minneapolis on Thursday.

The special deficit committee held its first meeting.

Fannie and Freddie are near a settlement with regulators.

DFL Sen. Al Franken goes after a Voter ID supporter.

Under the Dome

The Star Tribune says questions hang over the new head of the St. Peter Security hospital.

MPR says the cuts to higher ed will mean bigger class sizes and fewer sections for college students.

Gov. Dayton is asking schools to pause ahead of 9/11. He also holds an economic summit today in Brainerd.

Senate Committees, including the Jobs Committee, will also hold meetings around Minnesota.

Dayton will convene a carp summit on Monday. He’ll address the Eden Prairie Chamber of Commerce next week.

Terror Threat

There is a significant, but unconfirmed, threat against NYC and Washington D.C.

Race for President

GOP Rep. Michele Bachmann says Obama is politically paralyzed.

CBS News asks whether Bachmann is finished.

The PoliGraph says Bachmann’s numbers are wrong on her coal claim.

The next debate is Monday.

McClatchy Newspapers wonder whether Texas Gov. Rick Perry’s stand on Social Security is principled or poison.

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