Cornyn: Congress will not allow default  —  Sen. John Cornyn of Texas, the Republican whip, said in Houston Thursday that Congress will not allow an impasse over raising the debt ceiling to result in the federal government defaulting on its spending obligations.  —  “We will raise the debt ceiling.

Obama unveils ‘Organizing for Action’  —  President Barack Obama on Friday announced the relaunch of his remaining campaign apparatus as a new tax-exempt group called Organizing for Action that will “play an active role” in “mobilizing around and speaking out in support of important legislation” during his second term.

Up next for Obama: A looming Democratic divide  —  As President Barack Obama approaches his second inaugural on Monday, he presides over a party that has largely papered over its divisions for the past four years thanks to the president's commanding popularity.

New Study Highlights Threat From Far Right-Wing Groups In U.S.  —  A new study from a think tank connected to the West Point Military Academy highlights the threat of violent far-right movements in the United States, leading to the conclusion that, while diverse in in their causes …

TSA ends contract with Rapiscan, maker of full-body scanner  —  A TSA agent demonstrates the full-body scanner at Los Angeles International Airport.  (Los Angeles Times)  —  The Transportation Security Administration has ended a contract with the Hawthorne-based manufacturer …

Sandy Hook Conspiracy Theories Edge Toward The Mainstream  —  “By far the hottest topic of the moment.”  Ignore it and it won't go away.  —  There are two kinds of conspiracy theories: The ones, about the Illuminati and about mysterious “chemtrails,” that lurk forever in the online twilight zone …

In England, Piers Morgan joked about shooting rivals, said homeowners who kill burglars should not be prosecuted  —  CNN host and outspoken gun-control advocate Piers Morgan once joked about shooting professional enemies and separately wrote that he was a “rabid fascist” who wanted burglars tortured after a …

Lance Armstrong to Oprah: Story was ‘one big lie’ … Saying his “mythic, perfect story” was “one big lie,” Lance Armstrong admitted that he cheated during most of his famed cycling career and that he bullied people who dared to tell the truth about it.  —  After denying doping allegations …

I Have No Words  —  I'm not going to characterize this or say anything about it.  But I had to share it with you.  From TPM Reader PH ...

Americans Call for Term Limits, End to Electoral College  —  Virtually no partisan disagreement on these long-discussed constitutional reforms  —  PRINCETON, NJ — Even after the 2012 election in which Americans re-elected most of the sitting members of the U.S. House and Senate …

How the current GOP thinks like revolutionaries — and why that's a bad thing  —  In an exit interview with the Wall Street Journal, outgoing U.S. Treasury Secretary Timothy Geithner said some provocative things about the state of America's political system and how that affects our standing in the world.

NRA President Blames Obama For ‘Hundreds’ Of Death Threats … On a right-wing talk show on Thursday, David Keene, the president of the National Rifle Association, blamed President Obama and the left for what he says have been hundreds of death threats made against him and his family.

Whoops: PolitiFact's ‘Lie of the Year’ Turns Out to Be True  —  Last month, PolitiFact selected its “Lie of the Year.”  Given PolitiFact's dubious record of singling out Republicans for lying far more often then Democrats, you probably could have guessed the winner of this particular sweepstakes was a Mitt Romney campaign ad:

Google's Media Barons … I had to cheer when I read the news the other week about a French company that's selling an ad-blocking service on the Internet.  Xavier Niel, the entrepreneurial owner of the web-service provider Free, is threatening to smash the advertiser-supported “free-content” model.

The Dwindling Deficit  —  It's hard to turn on your TV or read an editorial page these days without encountering someone declaring, with an air of great seriousness, that excessive spending and the resulting budget deficit is our biggest problem.  Such declarations are rarely accompanied …

FOR WANT OF A NAIL  —  (January 16, 2033.  A fire-lit cabin in the hills of Brezhnev City, Stalinton - formerly Boise, Idaho.  A man sitting on a shattered milk crate looks older than his 53 years.  His rumpled, malnourished grandson sits at his feet.)  —  “Grandpa?

Murray will not run for governor  —  WORCESTER — Lt. Gov. Timothy P. Murray will not run for governor in 2014, citing the demands of campaigning, serving in elected office and his desire to spend more time with his wife and two young daughters.  —  “I've decided that I am not going to run for governor …

GOP's surprising edge on diversity  —  Editor's note: John Avlon is a CNN contributor and senior political columnist for Newsweek and The Daily Beast.  He is co-editor of the book “Deadline Artists: America's Greatest Newspaper Columns.”  He is a regular contributor to “Erin Burnett OutFront” …