The Note’s Must-Reads for Monday, November 8th, 2010

Nov 8, 2010 3:19am

Compiled by ABC News Digital News Associates and Desk Assistants CLAUDIA MORALES, JAYCE HENDERSON, JACQUELINE NG FERNANDEZ AND MAGGY PATRICK

PRESIDENT OBAMA
Politico’s Josh Gerstein: “President Obama, on '60 Minutes,' blames his leadership” President Barack Obama acknowledged a series of errors since taking office, admitting that he misjudged the pace of the economic recovery, that he has sometimes strayed from his campaign promise to change the tone of debate in Washington, and that leadership “isn’t just legislation.” LINK

The Washington Times’ Kara Rowland: “After vote, Obama faces chilly road on climate” President Obama has already conceded that last week's midterm elections put an end for now to his "cap-and-trade" plan to cut U.S. greenhouse gas emissions, but European officials fear the GOP gains mark the death knell for the broader campaign for a binding worldwide agreement this year to address climate change. LINK

The NY Daily News’ Philip Caufield: “President Obama says 'midcourse corrections' will win back U.S. electorate” President Barack Obama said Sunday that the results of last week's midterm elections will require him "to make some midcourse corrections and adjustments" to his policies to work with Republicans and win back the confidence of the American public. LINK

Bloomberg’s Julianna Goldman and Hans Nichols: “Obama, Singh Talks to Shape Indispensable Partnership” U.S. President Barack Obama and Indian Prime Minister Manmohan Singh hold talks today that both governments say will boost strategic and economic partnership between the world’s most populous democracies. The discussions and an Obama speech to India’s parliament, are the key political events of a three-day India visit in which the governments will seek to accelerate a relationship that Obama on Nov. 6 called “one of the defining and indispensable partnerships of the 21st century.” LINK

Bloomberg’s William Selway and Alison Fitzgerald: “Republicans Are Poised to Increase U.S. House Gains in Undecided Contests” Republicans may increase their control of the U.S. House that will be installed in January by picking up seats among nine Democratic-held districts where the outcome remains in doubt. Just hundreds of votes separate the candidates in some of the undecided races, according to the Associated Press. Also, the re-election of Representative Tim Bishop, a four-term Democrat from New York’s Long Island, was thrown into doubt after a fresh count of ballots, according to Republican challenger Randy Altschuler. LINK

GOP/DEMOCRATS
The Hill’s Russell Berman and Alexander Bolton: “Hoyer intensifies push for No. 2 post, claiming lead on Clyburn” House Majority Leader Steny Hoyer (D-Md.) is intensifying his push to capture the No. 2 post in the reshaped Democratic hierarchy, claiming new momentum in his clash with Rep. James Clyburn (D-S.C.). LINK

ABC News’ Rick Klein: “'World News' Political Insights: Tea Party Will Test GOP Unity” They came via a party. But this crowd doesn't care for the Washington dance. Their majority in the House of Representatives secured, Republican leaders are now turning to the tricky task of corralling a class of brash Washington newcomers for whom Capitol Hill's traditions and niceties mean little. LINK

The LA Times’ Noam N. Levey: “Republicans oppose compromise with Obama on tax cuts” In another ominous sign of new political gridlock developing in Washington, House Republican leaders Sunday took a hard line on compromising with President Obama on extending tax cuts that are due to expire at the end of the year. LINK

The New York Times’ Monica Davey and Michael Luo: “Now in Power, G.O.P. Vows Cuts in State Budgets” Republicans who have taken over state capitols across the country are promising to respond to crippling budget deficits with an array of cuts, among them proposals to reduce public workers’ benefits in Wisconsin, scale back social services in Maine and sell off state liquor stores in Pennsylvania, endangering the jobs of thousands of state workers.  LINK

Newsweek’s Zev Chafets: “Tea for Tim” When the massive Republican freshman class arrives in Washington in January, its members will begin the scramble for office furniture, plum committee assignments, and a little attention from the party’s senior leadership. Tim Scott, the African-American Tea Partier from South Carolina’s First Congressional District, will face the opposite problem. LINK

The Wall Street Journal’s Douglas Belkin and Neil King, Jr.: “Wisconsin Evokes Democrats’’ Dilemma” Last week's election rout did more than put Republicans in charge of the U.S. House of Representatives. It upended the electoral map that propelled President Barack Obama to the White House. LINK

USA Today: “Rand Paul says Tea Party already changing Washington” Newly elected senator Rand Paul says the Tea Party movement is already changing the way Washington thinks by pushing the nation's high debt and the need for spending cuts to the top of the national debate. LINK

NANCY PELOSI
ABC News’ John R. Parkinson: “Outgoing Speaker Nancy Pelosi Will Run for House Minority Leader” Outgoing Speaker of the House Nancy Pelosi said this afternoon that she is running to become the House minority leader in the next session of Congress, dispelling rumors that she planned to resign from House Democratic leadership or retire from Congress. LINK

POST ELECTIONS:
The Washington Post’s Dan Eggen and T.W. Farnam: “For many businesses, 2010 midterm election campaign was a winner” The 2010 election season was good for Design Cuisine of Arlington, which took in more than $500,000 in catering fees. The Bighorn Golf Club in Palm Desert, Calif., made about $50,000 holding Republican fundraisers.  LINK

ABC NEWS VIDEO
ABC News: “Boehner Mum on Nancy Pelosi for Minority Leader” ABC News asks Speaker-elect Boehner for reaction on Nancy Pelosi for Leader. LINK
ABC News: “Byron Dorgan: 'People Have Lost Hope'” Sen. Byron Dorgan D-ND, says job recovery is "still slow." LINK

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