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TPMDC Morning Roundup

Biden's Day Ahead
Vice President Biden will meet at 11:30 a.m. ET with Assistant Attorney General Lanny Breuer to discuss Recovery Act implementation. He will meet at 4:15 p.m. ET with Bill Gates.

Obama Opens Door For Talks With GOP On Tax-Cut Extension
The Washington Post reports: "President Obama said a Republican proposal to preserve the full array of Bush administration tax cuts for two more years presents a "basis for conversation" that could lead to a compromise as lawmakers prepare to meet next week for a high-stakes showdown over taxes. However, a senior House Republican on Sunday flatly rejected the option most favored by the White House: decoupling the Bush tax cuts that benefit the wealthy from the cuts that benefit the vast majority of Americans by extending each set of provisions for a different period of time."

Pentagon Openings Give Obama Options
The New York Times reports: "With critical decisions ahead on the war in Afghanistan, President Obama is about to receive an unusual opportunity to reshape the Pentagon's leadership, naming a new defense secretary as well as several top generals and admirals in the next several months. It is a rare confluence of tenure calendars and personal calculations, coming midway through Mr. Obama's first term and on the heels of an election that challenged his domestic policies."

Dem Lame-Duck Agenda Shrinking Fast After Shellacking
The Hill reports: "Democratic allies are not optimistic about their legislative priorities getting done in the lame-duck session after Democratic candidates got pummeled on Election Day...In the wake of a midterm election that President Obama called a 'shellacking' of his party, Democratic insiders question if anything more than a stop-gap spending measure and temporary extension of Bush-era tax cuts can pass."

House Democrats Struggle To Unify
Roll Call reports: "House Democrats haven't been able to stop campaigning. Rather than spending the days after Tuesday's midterms regrouping, Members have been stuck fighting over who among them should lead in the minority. Speaker Nancy Pelosi (D-Calif.) announced Friday she would stand as Minority Leader, angering moderates who hoped she would step aside and forcing leaders underneath her to mount bids for the remaining leadership positions"