In the Headlines

"McCain alarms base with abortion comment" (Jonathan Martin, The Politico) - Top social conservative leaders in key battleground states are urging John McCain not to pick a running mate who supports abortion rights, warning of dire consequences from a Republican base already unenthused about their nominee.

"Obama Details Raising Taxes on Gains, Dividends" (Deborah Solomon, Wall Street Journal) - Democratic presidential contender Barack Obama sought to quiet critics by offering specifics about his tax plan, but his proposal to raise tax rates on investment income and expand payroll taxes is continuing to draw fire from some who say it will harm workers and the economy.

"Election panel sides with McCain" (AP) - Republican John McCain won a round against Democrats on Thursday when the Federal Election Commission rejected their contention that he violated campaign finance laws during the GOP primary.

"As a Tribute, Democrats Will Place Clinton's Name in Nomination at the Convention" (Jeff Zeleny, New York Times) - Her name will not be on the general election ballot this fall, but Senator Hillary Rodham Clinton's presidential candidacy will receive one final tribute when her name is formally placed into nomination at the Democratic convention.