Budget Plan: President Obama will attempt to reshape Washington's debate over the nation's fiscal crisis today with a speech outlining his approach to tackling the debt and the long-term health of entitlement programs, while navigating the tricky politics that will confront him as he seeks re-election, The New York Times reports.
Stay out of Jail: Sixteen years after banning parole, Virginia has defied the nation’s unshakably high recidivism level, returning a lower rate of prisoners to incarceration than many other states, according to the first state-by-state comparison of recidivism, the Washington Post reports.
Assigning Blame: The scientific effort to understand the Deepwater Horizon oil spill’s impact is one of the largest research projects of its kind ever, tackling questions of liability that might not be answered for year. In some instances, the cause of the damage is clear. Other cases are less clear-cut, and show how tough it can be to understand the interplay of an environmental disaster—even one so vast—with a complex ecosystem, according to The Wall Street Journal.
Dirty Laundry: Unilever and Procter & Gamble agreed to pay 315.2 million euros ($457.3 million) in fines to end a European Union probe into price fixing of laundry detergent, Bloomberg reports.
Long Island Killer: Remains found Monday on Long Island, New York, have been identified as being human, police said Tuesday. The remains, along with a human skull also found Monday, were found as authorities investigate a suspected serial killer operating in the area, according to CNN.

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