President Obama Touts Higher Taxes, Feds Find 'Lying' Charge an All-Purpose Tool, Santorum Bows Out of Presidential Race: P.M. Links

• Delving ever-deeper into his bag of economic wisdom, President Obama proposes to boost the national economy by hiking taxes on upper-income earners.

• When the feds don't have other charges to lay on defendants, they like to prosecute for broadly defined "lying".
• With the prospects for a primary win in his home state looking increasingly dicey, Rick Santorum puts his presidential campaign on hold.
• GSA administrator won't defend buckets of money spent on a conference where attendees joked about the cash they were blowing through.
• With twice the debt of Greece, Ireland and Portugal combined, Spain is poised to take a very expensive visit to the Eurozone bailout window.
• North Korea's plans for a long-range rocket launch draw U.S. threats to withhold food aid.

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