Politico reports that Democrats and Republicans are increasingly worried about the role Super PACs will play in this year’s presidential election.

“The risk from rogue third-party groups is a potential menace to both Republicans and Democrats. The GOP has seen more super PACs and 501(c)(4) groups form to support its candidates, but there’s nothing to stop an individual liberal gazillionaire from commissioning ads on a subject the Obama campaign doesn’t want to talk about — say, Mitt Romney’s Mormon faith.. Paul Begala, the veteran Democratic operative working with Priorities USA, said the simple reality is ‘candidates and campaigns are no longer masters of their own fate — even their own messaging, on their own side of the fight.'”

Despite criticisms from those in his own party, First Read says President Obama’s campaign isn’t backing down over attacking Mitt Romney’s years at Bain Capital.

“If Romney is going to make his Bain record the central rationale of his candidacy — more so than his four years as Massachusetts governor — and if he’s going to take credit for job gains created under Bain, then it’s only fair to point out examples when Bain-controlled companies took on huge debt, slashed worker pay and benefits, laid off employees and filed for bankruptcy, all while Bain investors made money, they argue.”

“Think of it this way, they say: If a presidential candidate says that the education reforms he enacted as a governor are the centerpiece of his presidential bid, then it would be only fair to examine those reforms. Did they work? How well? Can that experience work at the federal level?”

The campaign released a new video stepping up those attacks.

[Read more…]

President Obama’s re-election campaign “is spending about half of what it raises to support a large political infrastructure that includes hundreds of workers and dozens of offices around the country,” the Wall Street Journal reports.

“For now, it gives him at least one leg up on Mitt Romney, his presumptive Republican opponent, who still has far less money to spend despite making recent fundraising gains, according to federal filings released Sunday.”

New Jersey Gov. Chris Christie (R) said Mitt Romney “might be able to convince” him to serve as his running mate, CNN reports.

Said Christie: “He might be able to convince me. He’s a convincing guy, but I really love this job. I really want to stay in this job.”

He added: “I really have no interest in being vice president, but if Governor Romney calls and asks me to sit down and talk to him about it, I’d listen because I think you owe the nominee of your party that level of respect and who knows what he’s going to say. We’ll wait and see.”

“The long, grueling GOP primary race is over. Now comes a summertime lull the candidates could find just as difficult — not because the schedule is crowded but because it isn’t,” the AP reports.

“It is four months until the Republican National Convention in Tampa, Fla., in late August. Democrats hold their convention a week later in Charlotte, N.C. That’s a long time to fill, with no votes that matter, no debates to draw national attention. Voters tend to hibernate politically from the end of the primary season to the start of the conventions.”

That lull “should be a bigger problem” for Mitt Romney than for President Obama. “A challenger must keep stirring up enthusiasm if he hopes to oust an incumbent president.”

The New York Times profiles Rep. Paul Ryan (R-WI) noting he has become “perhaps the most influential policy maker in the Republican Party, its de facto head of economic policy, intent on a fundamental transformation of the federal government.”

“His prescriptions in the Republican budget plan he devised have become his party’s marching orders: cut income tax rates and simplify the code, privatize Medicare, shrink the food-stamp and Medicaid programs and turn almost all control over to the states, and reduce domestic federal spending to its smallest share of the economy since World War II.”

Jonathan Chait: “And so here we find a political dilemma for the Democrats. They have decided to make Ryan’s agenda the central issue of the election. There are strong reasons for doing so, namely that most of the policies Ryan champions are disliked by a majority of Americans. But elevating Ryan to right-wing bogeyman — a remake of nineties-era Speaker Gingrich, the man who might personify Republican overreach — has proved difficult.”

First Read: “Don’t overlook the fact that the White House used the opportunity of the White House Correspondents Dinner — when they knew they’d get lighter coverage for what they did – put a story that they’ve struggled to put into the mainstream, quietly trying to do for months, the Seamus story. It was frankly a way to get Seamus out there. Yes, Obama made fun of himself and eating dog, but they’ll take that to get the Seamus story mainlined; They’ve been trying for months.”

Sen. John McCain (R-AZ) is quickly taking the lead on leading the foreign policy attack against President Obama, First Read reports.

“McCain, now a Romney surrogate, said Obama’s ‘diminishing the memory of September 11th,’ and accused him of ‘doing a shameless end-zone dance.’ It’s a fine line. McCain clearly doesn’t mind playing this role. He says things Romney couldn’t get away with and it’s something that’s quite beneficial to Romney. If Romney said what McCain did, Romney might get ridiculed. It’s an interesting role that McCain is willing to play. It could be a preview of the role McCain might play going forward in the campaign — traditional role of VP, but on foreign policy. McCain doesn’t mind going personal with Obama, as he’s demonstrated since 2008. You can try to explain away McCain’s motives all you want, but it could be oddly effective for Romney.”

Jon Meacham: “Since at least 1968, Democrats have traditionally been more circumspect than their Republican foes in presidential politics. The lesson of the Clinton years and of Obama’s win both of the nomination and the general election in 2008 is that Democrats need to be as tough as JFK was (‘tough’ was a favorite Kennedy term). Is the bin Laden ad fair to Romney? No, not really. But politics is not for the faint of heart…The way to put oneself in a position to take the harder, more honorable political path is to argue for one’s virtues in a vigorous way. That’s what Obama has done, and is doing. There’ll be more punches coming.”