The Note’s Must-Reads for Wednesday, October 27, 2010

Oct 27, 2010 3:52am

Compiled by ABC News Digital News Associates and Desk Assistants CLAUDIA MORALES, REBECCA HILLMAN AND MAGGY PATRICK

The Wall Street Journal’s Janet Hook: “Jockeying for House Posts” Senior Republicans in the House, pressed by the party's base to hew to conservative principles and rein in spending, are homing in on that message as they jockey to become chairmen of the chamber's most powerful committees.LINK

Politico’s Ben Smith and Jake Sherman: “Mike Pence May Leave GOP Leadership” House Republican Conference Chairman Mike Pence  of Indiana is considering stepping down from his post in the GOP leadership in preparation for a possible bid for president or governor in 2012. LINK

USA Today’s John Fritze: “Obama’s agenda in jeopardy if GOP captures House” In 2008, Ron Fraatz supported Barack Obama for president. This year, the 61-year-old retired school worker represents everything the president's party now fears. LINK

ABC News’ Jennifer Schlesinger and Devin Dwyer: “Political Parties Cede Campaign Power to Outside Groups” Non-party groups that have dominated the midterm campaign are about to eclipse national political parties in total reportable spending this election cycle, a review of Federal Election Commission data finds. LINK

ABC News’ Jonathan Karl: “ABC Exclusive: President Clinton Says of Democrats, 'Reports of Our Demise Have Been Exaggerated'” How bad will this election be for Democrats? Bill Clinton tells ABC News the answer depends on how badly Democrats want to win. ABC News caught up with the former president as he worked the crowd at a rally in Chicago, where he stumped for Democratic Senate candidate Alexi Giannoulias and several other Democratic candidates. LINK

The Miami Herald’s Julie Brown: “Term limits among issues on the ballot” Campaign finance reform, term limits and staggered terms for city commissioners are among the seven referendums facing Hollywood voters on Tuesday. LINK

The NY Daily News’ Michael Mcauliff: “Rand Paul Supporter Who Stomped MoveOn Activist’s Head is not just Volunteer but a Campaign Donor” The man apologizing for stomping on a MoveOn activist's head in Kentucky isn't just a Rand Paul volunteer, he's a donor. LINK

The Hill’s Shane D’Aprile: “Midterm Blowout: 50 or More Dem Seats Set to Fall in the Election” Republicans are headed for a blowout election win that seems certain to seize more than enough seats to knock out the Democrats and take control of the House. LINK

The Los Angeles Times’ Noam N. Levey: “Republicans Offer Few Healthcare Alternatives” Conservatives are campaigning on promises to repeal Obama's overhaul, but a few admit their proposals haven't changed much in the last few years. LINK

Newsweek’s McKay Coppins: “Tea Party-Backed Candidate to Utah: We’ll Cut Federal Spending by 40 Percent” Tea Party Republicans have talked a big game when it comes to deficit reduction, but one candidate just upped the ante. LINK

The Denver Post’s Allison Sherry: “Democrats Use 2009 Video to Play up Buck’s Disagreeing on Separating Church, State” Republican Ken Buck's comments that he disagreed "strongly with the concept of the separation of church and state" reverberated through the political blogosphere Tuesday, forcing Buck's campaign into yet another defensive posture less than a week before the election. LINK

The Philadelphia Inquirer’s Melissa Dribben: “Toomey, Sestak Have Different Campaign Styles” At the start of their final week campaigning for U.S. Senate, Pat Toomey and Joe Sestak had little in common other than their tasseled loafers. LINK

The New York Times’ Michael Luo and Griff Palmer: “Democrats Retain Edge in Spending on Campaigns” Lost in all of the attention paid to the heavy spending by Republican-oriented independent groups in this year’s midterm elections is that Democratic candidates have generally wielded a significant head-to-head financial advantage over their Republican opponents in individual competitive races. LINK

The Washington Times’ Ralph Z. Hallow: “Even Palin polarizes as tea party seeks a leader” Sarah Palin is not the "tea party" movement's undisputed darling. But nobody else has been able to claim the undisputed leadership mantle for these latter-day insurrectionists, either. LINK

ABC News: “Bill Clinton: 'It's What Happened To Me In '94'” ABC News' Jonathan Karl asks the former president about Democrats in 2010. LINK

ABC News: “Wallace: First Female Pres. Is 'Watching Top Line'” Nicolle Wallace talks about book "Eighteen Acres" on "Top Line." LINK

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