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1:25 PM ET, January 5, 2011

memeorandum

 Top Items: 
Jackie Calmes / New York Times:
Republicans Lower Goal for Cuts to Budget  —  WASHINGTON — Many people knowledgeable about the federal budget said House Republicans could not keep their campaign promise to cut $100 billion from domestic spending in a single year.  Now it appears that Republicans agree.
RELATED:
Carl Hulse / New York Times:
As Boehner Ascends, His Power Comes With Caveats  —  WASHINGTON — Representative John A. Boehner of Ohio is set to complete a remarkable political revival Wednesday when he becomes the 61st speaker of the House, placing him squarely at the crossroads between the desires of conservative activists …
Reuters:
Anti-Nancy Pelosi vote looms  —  House Democrats are closely watching who votes against Rep. Nancy Pelosi during the floor session that officially taps the next speaker of the House — a roll call that may show some lingering anti-Pelosi sentiment among a handful of Democrats.
Steve Benen / Washington Monthly:
HOUSE REPUBLICANS TO BREAK KEY PROMISE ON DAY 1.... When House Republican leaders unveiled their Pledge to America in September, it included a pretty striking promise to voters — if elected, the GOP majority would “roll back government spending” by “at least $100 billion in the first year alone.”
Discussion: Salon, CNN and AOL News
Brobinson / Fox Nation:
Speaker Pelosi Leaves With a Whopper  —  At her final press conference as House Speaker, Nancy Pelosi (D-CA) said, “Deficit reduction has been a high priority for us.  It is our mantra, pay-as-you-go.”  —  The numbers tell a different story.  —  When the Pelosi Democrats took control …
Michael O'Brien / The Hill:
Boehner, congressional leaders change Twitter titles in web change-of-power  —  In twin moves reflecting their new roles in the next Congress, Reps. John Boehner (R-Ohio) and Nancy Pelosi (D-Calif.) modified their official handles on Twitter.  —  Pelosi, the outgoing Speaker of the House …
Michael Barone / Washington Examiner:
Wily old Dems take on whippersnapper Republicans
Discussion: Betsy's Page
Erik Wasson / The Hill:
House Republicans back away from pledge to cut $100 billion from budget
Discussion: Yglesias and National Review
The Note:
‘We Will Not Rest’: Nancy Pelosi Says House Dems Will Stand …
Discussion: Weasel Zippers
Jon Ward / The Daily Caller:   Democratic staff passed out a press release to reporters …
Shailagh Murray / Washington Post:
After losing House, Democrats will try new strategy: bipartisanship
Discussion: AOL News, Hot Air and Weigel
Jennifer Epstein / The Politico:
‘Speaker’ Pelosi finally gives up title on Twitter
Discussion: The Daily Caller
Jeff Zeleny / The Caucus:
Gibbs to Leave as White House Press Secretary  —  Updated Robert Gibbs, the White House press secretary and close confidante to President Obama, said Wednesday that he will step down and become an outside political adviser to the president and his re-election campaign.
RELATED:
Sam Youngman / The Hill:
Howard Dean endorses Daley for chief of staff, rips White House  —  Former DNC chairman and Vermont Gov. Howard Dean said Wednesday that William Daley would be a “huge plus” for the Obama administration if he is tapped to be the president's new chief of staff.
Discussion: Weasel Zippers and TPMDC
Michael O'Brien / The Hill:
Robert Gibbs will leave job as White House press secretary
Steve Holland / Reuters:
White House press secretary Robert Gibbs to resign
Jennifer Rubin / Right Turn:
Morning Bits  —  In other words, he drives the left batty.
John R. Parkinson / ABCNEWS:
Exclusive: President Michele Bachmann?  —  Sources: Tea Party Favorite Is Mulling a Presidential Bid in 2012  —  Forget the fervent chatter speculating that Tea Party favorite Rep. Michele Bachmann is considering launching a campaign to challenge Sen. Amy Klobuchar for the Minnesota U.S. Senate seat …
RELATED:
Michael O'Brien / The Hill:   Bachmann to Iowa as she considers presidential bid
Ezra Klein:
Repealing health-care reform would cost hundreds of billions of dollars — and Eric Cantor knows it  —  House Republicans are in a pickle: One of their new rules says that new legislation must be paid for.  But the health-care bill reduces the federal deficit by more than $100 billion over the next 10 years.
RELATED:
CNN:
Tea Party leaders not swayed by Lugar meeting  —  Washington (CNN) - Hoping to head off a primary challenge from the right, Sen. Richard Lugar, R-Indiana, sat down with Tea Party leaders last month but did little to persuade them of his conservative credentials.
RELATED:
Robert Pear / New York Times:
U.S. Alters Rule on Paying for End-of-Life Planning  —  WASHINGTON — The Obama administration, reversing course, will revise a Medicare regulation to delete references to end-of-life planning as part of the annual physical examinations covered under the new health care law, administration officials said Tuesday.
Warren P. Strobel / McClatchy Washington Bureau:
WikiLeaks: ‘Voluptuous’ nurse cable costs diplomat his job  —  WASHINGTON — In what appears to be the first diplomatic casualty from the latest WikiLeaks revelations, the U.S. ambassador to Libya has returned to Washington and is likely to leave his post, U.S. officials said Tuesday.
Ezra Klein:
The incumbent's advantage  —  In theory, I'm the perfect customer for the Nissan Leaf.  I don't drive frequently.  I don't need a car with much space.  I never need to go farther than 100 miles at a time.  —  But the Nissan Leaf wouldn't work for me at all, as I don't own a garage …
Discussion: Slate
The Fix:
Ten members to watch in the 112th Congress  —  The 112th Congress officially convenes today with dozens of newly elected members — and newly empowered incumbents — popping up in the halls of Capitol Hill and on a cable television channel near you.  —  It's virtually impossible to keep track …
RELATED:
Roll Call:
Boehner Making Calls for Maria Cino
Discussion: The Daily Caller, TPMDC and CNN
David Harsanyi / Denver Post:
The Constitution is dead.  Long live the Constitution.  —  Every patriotic fiber of my body tells me that reading the Constitution aloud at the commencement of congressional sessions is a good idea.  Heck, a pop quiz might even be in order.  It is vital that members of Congress fully immerse themselves …
Discussion: Cold Fury
Wall Street Journal:
Facebook Deal Spurs Inquiry  —  SEC Launches Review of 1960s-Era Disclosure Regulations for Private Firms  —  The Securities and Exchange Commission has begun examining whether disclosure rules for privately held firms need to be rewritten as a result of recent deals allowing investors …
Discussion: Raw Story and Paul Kedrosky's …
 
 
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 More Items: 
Ed Payne / CNN:
Is Alec Baldwin interested in political office? The answer is ‘yes’
Discussion: New York Magazine
Aharding / CNN:
More signals Santorum is preparing for a White House run
Discussion: The Politico
Chicago Tribune:
Don't repeal health care law
Discussion: The Reid Report and Politics Daily
William D. Cohan / Vanity Fair:
Huffing and Puffing  —  Reminiscent of Facebook's Mark Zuckerberg …
The Huffington Post:
Fed Moves To Gut Predatory Lending Regulation
City Journal:
The Benefits Storm  —  Why New York can't afford enough …
Greg Jaffe / Washington Post:
Navy fires Capt. Owen Honors over raunchy videos
 Earlier Items: 
Big Tent Democrat / TalkLeft:
Norquist Triumphant  —  Digby: … The problem is not the deficit sez the Beltway.
Discussion: Hullabaloo
USA Today:
‘Earmarks’ to nowhere: States losing billions
Kathleen Hennessey / Los Angeles Times:
‘Tea party’ freshmen embrace status quo
Discussion: The Gateway Pundit
Lydia Saad / Gallup:
111th Congress Averaged 25% Approval, Among Recent Lowest
Discussion: Politics Daily and National Review
 

 
From Mediagazer:

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Shawn Musgrave / The Intercept:
A federal court allows a claim by The Intercept that DMCA prevents OpenAI from stripping a story's title or byline but throws out its claims against Microsoft

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

 
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