Obama's bin Laden Bounce Is Over

The raid that killed Osama bin Laden bought President Obama barely a month of higher approval ratings, according to the latest Washington Post/ABCNews poll. The president's approval rating, which stood at 47% in April, surged to 57% in May, but has now dropped right back down to 47%, the poll found. Disapproval of how the president is handling the economy and the deficit is at a high, and two-thirds of respondents say the country is on the wrong track.

The bad news for Obama isn't good news for Republican contenders, however—unless they're named Mitt Romney. The former Massachusetts governor is in first place for the GOP nomination, with Sarah Palin in second, according to the poll. Romney would be in a dead heat with Obama if the election were held today; Palin would lose by 17 percentage points. Around half of Republicans said they weren't happy with their options for the nomination, compared to less than a third four years ago. (More Osama bin Laden dead stories.)