Reason Morning Links: Tax and Spend Edition

– The Treasury prepares a record-setting debt auction.

– The Senate passes a "cash for clunkers" bill.

– The House ponders new revenue streams. Among the options: a new tax on soft drinks, a higher tax on alcohol, an increase in the income tax, an increase in the payroll tax, and a VAT.

– A jury tells a Minnesota woman to pay record labels $1.92 million for swapping 24 songs online.

– The Pentagon perceives public protests as "low-level terrorism."

– Ayatollah to protesters: Cut it out.