Paul closes in on Gingrich  —  There has been some major movement in the Republican Presidential race in Iowa over the last week, with what was a 9 point lead for Newt Gingrich now all the way down to a single point.  Gingrich is at 22% to 21% for Paul with Mitt Romney at 16% …

Trump pulls out of GOP debate  —  Donald Trump announced Tuesday that he will not moderate next month's GOP debate sponsored by Newsmax.  —  The reality televison show host's decision came after most Republican candidates declined to participate in the debate, with only Newt Gingrich and Rick Santorum agreeing to appear.

TPMDC  —  Dems To GOP: Deal Fairly On Payroll Tax Or Shut Down The Government  —  Senate Democrats and the White House are executing a strategy to prevent House Republicans from jamming them with legislation to extend the current payroll tax cut that's been larded up with GOP goodies, according to White House and Congressional aides.

Amanpour to Leave ABC's ‘This Week’ and Rejoin CNN  —  Updated Christiane Amanpour is leaving the anchor chair of ABC's “This Week” and returning to her old network home, CNN, as the anchor of an evening newscast on CNN International.  —  The changes, confirmed Tuesday evening …

GINGRICH FLASHBACK: ‘PROGRESSIVE’ FDR WAS ‘GREATEST PRESIDENT OF THE 20TH CENTURY’ (PLUS - SEIU'S ANDY STERN IS VISIONARY UNION LEADER!)  —  Scroll down for the video — or read this first:  —  I've always liked the feisty tone Newt Gingrich brings to debate.

For immediate release  —  Information received since the Federal Open Market Committee met in November suggests that the economy has been expanding moderately, notwithstanding some apparent slowing in global growth.  While indicators point to some improvement in overall labor market conditions, the unemployment rate remains elevated.

All-American Mess  —  I'd bet that TLC's All-American Muslim is a pretty dull show that borders on hagiography.  But I still don't get why anyone would get so mad about it.  As I understand it, the show depicts Muslim families as more moderate, more American than some stereotypes.  Is that really so horrible?

NTSB recommends full ban on use of cell phones while driving  —  Washington (CNN) — Federal accident investigators Tuesday called for a nationwide ban on the use of cell phones and text messaging devices while driving.  —  Study: Half of young people text, drive

Axelrod on Newt: “the higher a monkey climbs...the more you can see his butt.”  —  Obama 2012 Press Secretary Ben LaBolt, Strategist David Axelrod, Campaign Manager Jim Messina, Deputy Manager Stephanie Cutter at Tuesday press briefing at the DNC.  (photo by Lynn Sweet)

Opinion: Obama would rather be university professor than president  —  After observing President Obama for the last three years, it has become obvious to me that the President might prefer to be a university professor rather than do the job he holds today.  While he may not realize that he feels …

SCARBOROUGH: ROMNEY LOOKING MORE LIKABLE — Michael Duffy promoted - Perry Bacon leaves WashPost - What Peter Watkins is up to - ABC's ‘This Week’ unveils debate series  —  WEST WING MINDMELD: “On Sunday, the President spoke to Senator Reid, and they decided that Congress cannot go home …

Chelsea Clinton makes broadcast debut on NBC's ‘Rock Center’  —  It's no surprise whatsoever that Chelsea Clinton didn't electrify broadcast journalism with her debut Monday night on NBC's “Rock Center With Brian Williams,” because she has no experience in broadcast journalism.

The Graph That Proves Economic Forecasters Are Almost Always Wrong  —  As the saying goes: “It's hard to make predictions.  Especially about the future.”  Thirty years ago, it was obvious to everybody that oil prices would keep going up forever.  Twenty years ago, it was obvious that Japan would own the 21st century.

Household electricity bills skyrocket  —  Electric bills have skyrocketed in the last five years, a sharp reversal from a quarter-century when Americans enjoyed stable power bills even as they used more electricity.  —  Households paid a record $1,419 on average for electricity in 2010 …