Obama Offers Rahm Emanuel Job of White House Chief of Staff  —  ABC News has learned that President-elect Obama has offered the White House chief of staff job to Rep. Rahm Emanuel, D-Ill.  —  Emanuel, a knowledgeable source tells ABC News, has not yet given his answer.

Coleman vs. Franken: Recount looms  —  Minnesotans likely will have to wait for a winner in the U.S. Senate contest between Norm Coleman and Al Franken.  —  One of the most bitter U.S. Senate races in Minnesota history continued to grind on early this morning, with Republican Sen. Norm Coleman …

Voters approve Proposition 8 banning same-sex marriages  —  Passage of Prop.8 throws thousands of same-sex unions into doubt.  —  UPDATE: Voters approve Proposition 8 banning same-sex marriages.  With more than 95% of the vote counted, the measure leads 52.1% to 47.9%.

Medvedev: Russia to Deploy Missiles in Response to U.S. Missile Shield  —  MOSCOW — Russia will deploy missiles near NATO member Poland in response to U.S. missile defense plans, President Dmitry Medvedev said Wednesday in his first state of the nation speech.

Obama victory sparks cheers around the globe  —  PARIS - Barack Obama's election as America's first black president unleashed a renewed love for the United States after years of dwindling goodwill, and many said Wednesday that U.S. voters had blazed a trail that minorities elsewhere could follow.

Reid, Lieberman to meet  —  (CNN) — Senate Majority Leader Harry Reid will likely meet later this week with Joe Lieberman to discuss whether the Democrat-turned-Independent will be stripped of his Senate committee chairmanship, a senior Democratic leadership aide tells CNN.

76 days to Inauguration - “A national catharsis”  —  Rahm Emanuel is top choice for chief of staff — Newsweek: Palin sprees worse than reported — Obama Day declared in Kenya — ABC's Jonathan Karl to Hill  —  Good Wednesday morning.  The New York Times banner is a single, capitalized word: “OBAMA.”

No decision, no majority in Senate race  —  Chambliss, Martin waiting for final votes to be counted to see if runoff needed  —  Georgia's U.S. Senate race remained in doubt Wednesday morning as neither major party candidate had more than 50 percent of the vote.

Three huge, immediate reasons to be happy about last night  —  There are all sorts of reasons to view last night's events as an extremely positive development, including the fact that it was a truly crushing repudiation of the right-wing faction that has dominated the Republican Party for the last two decades.

Stevens leads Begich by thin margin  —  Alaska Sen. Ted Stevens was leading challenger Mark Begich with most of the election returns in hand Tuesday night, despite being found guilty of seven felonies and polls showing him in deep trouble.  —  With more than 80 percent of the precincts reporting …

2008 turnout shatters all records  —  More than 130 million people turned out to vote Tuesday, the most ever to vote in a presidential election.  —  With ballots still being counted in some precincts into Wednesday morning, an estimated 64 percent of the electorate turned out, making 2008 the highest percentage turnout in generations.

Hackers and Spending Sprees … The computer systems of both the Obama and McCain campaigns were victims of a sophisticated cyberattack by an unknown “foreign entity,” prompting a federal investigation, NEWSWEEK reports today.  —  At the Obama headquarters in midsummer …

The Treatment of Bush Has Been a Disgrace  —  What must our enemies be thinking?  —  Earlier this year, 12,000 people in San Francisco signed a petition in support of a proposition on a local ballot to rename an Oceanside sewage plant after George W. Bush.

Election 2008: what really happened  —  After a quick look at the election results and exit polls (from www.cnn.com), some thoughts:  —  1. The election was pretty close.  Obama won by about 5% of the vote, consistent with the latest polls and consistent with his forecast vote based on forecasts based on the economy.

A Way Out of the Wilderness  —  Well, we Republicans have just made history.  Not the type of history we wanted to make, mind you, but history nonetheless.  Not only did we lose the White House but, after losing our House and Senate majorities in 2006, we followed it up last night with even steeper losses in Congress.

FIRST THOUGHTS: THE 44TH PRESIDENT  —  From Chuck Todd, Mark Murray, Domenico Montanaro, and Carrie Dann  —  *** The 44th President: In a just a little more than four years, an Illinois state senator who delivered a rousing speech at the 2004 Democratic National Convention will now become …

Fight  —  Now back to the real world.  It's traditional that a new president get a honeymoon of some indefinite length.  It's also traditional for Republicans (and many conservatives) to act as Charlie Brown to Lucy with the football.  —  Obama will get the most lavish and extended honeymoon in history.

The Next President  —  This is one of those moments in history when it is worth pausing to reflect on the basic facts:  —  An American with the name Barack Hussein Obama, the son of a white woman and a black man he barely knew, raised by his grandparents far outside the stream of American power and wealth …

Gird your loins, conservatives  —  There is no time to lick wounds, point fingers, and wallow in post-election mud.  —  I'm getting a lot of moan-y, sad-face “What do we do now, Michelle?” e-mails.  —  What do we do now?  We do what we've always done.  —  We stand up for our principles …