The Note’s Must-Reads for Wednesday, December 1, 2010

By Jayson

Dec 1, 2010 3:57am

The Note's Must-Reads are a round-up of today's political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com

Compiled by ABC News Digital News Associates and Desk Assistants JAYCE HENDERSON, CLAUDIA MORALES, JACQUELINE NG FERNANDEZ and KATY CONRAD

WIKILEAKS / FOREIGN AFFAIRS / NORTH KOREA:
The Washington Post’s Karen DeYoung and Greg Miller: “WikiLeaks cables show U.S. focus on Pakistan’s military, nuclear material” During a visit to Pakistan barely a week before Barack Obama's inauguration, Vice President-elect Joseph Biden sought reassurance from Pakistan's military and intelligence chiefs that they "had the same enemy" as the United States and were prepared to take action against insurgent sanctuaries inside their border. LINK

New York Daily News’ Sean Alfano: “WikiLeaks diplomatic cables: North Korea’s days are numbered, former South Korean official says” North Korea is losing support from China, its most important Communist ally, according to the latest round of classified documents dumped by WikiLeaks. LINK

USA Today’s Calum Macleod: “North Korea: U.S. – South drills may trigger war” outh Korea on Tuesday rejected China's offer to host talks over a North Korean attack on its soil as lawmakers here demanded the military better prepare the country for the risk of war. LINK

DEFICIT COMMISSION:
Los Angeles Times’ Michael Memoli: “Deficit commission to present revised proposal” The leaders of President Obama's deficit commission say that the final proposal they will introduce Wednesday may not have enough votes to advance, but will offer an honest blueprint to follow in order to address the nation's fiscal challenges. LINK

ECONOMY:
Bloomberg’s Wes Goodman: “Dollar Proves Best-Returning Asset in November, Defies Skeptics”  The dollar proved to be last month’s best investment, beating stocks, bonds and commodities, confounding officials around the world who said Federal Reserve policies would debase the U.S. currency. LINK

SENATE / CONGRESS:
ABC News’ Political Punch’s Jake Tapper: “'Apples, Oranges and Bananas Don't Mate': The President's Closed-Door Meeting with Congressional Leaders” President Obama started the meeting with the bipartisan congressional leadership this morning by telling Republicans he hasn’t “reached out as effectively as I should have. Let’s have honest cooperation, not just photo ops.” LINK

The New York Times’ Gardiner Harris and William Neuman: “Senate Passes Sweeping Law on Food Safety” The Senate passed a sweeping overhaul of the nation’s food safety system on Tuesday, after tainted eggs, peanut butter and spinach sickened thousands of people in the last few years and led major food makers to join consumer advocates in demanding stronger government oversight. LINK

The Washington Times’ Stephen Dinan: “Earmark ban fails in Senate, succeeds in adding support” The Senate on Tuesday rejected a moratorium on earmark spending, in a test vote that nonetheless showed surging support for a ban and left foes of pork-barrel spending predicting that the end of the practice is near. LINK

PENTAGON / DON’T ASK, DON’T TELL:
The Hill’s Roxana Tiron and Jordan Fabian: “Pentagon study concludes ‘Don’t ask’ repeal wouldn’t hurt military” President Obama and his Defense secretary on Tuesday urged the Senate to repeal the “Don’t ask, don’t tell” law swiftly  after an extensive Pentagon study found that allowing openly gay service members would not harm military missions.  LINK

Politico’s John Gerstein and Gordon Lubold: “Study adds fuel to ‘don’t ask’ debate” A long-awaited Pentagon report that concludes that the ban on gays in the military could be revoked with little disruption has reignited the debate over legislation that would to do just that, offering fresh ammunition for lawmakers on both sides of the debate but failing to dramatically affect senators’ individual views on the issue. LINK

The Wall Street Journal’s Julian Barnes: “Pentagon Speaks on ‘Don’t Ask’” Defense Secretary Robert Gates called on Congress to quickly repeal the ban on gays serving openly in the military, citing a Pentagon study that concluded changing the current policy would create only isolated disruptions. LINK

ABC NEWS VIDEOS:
“Hot Mic! Dem Senator Complains: ‘It’s All Rigged’” LINK
“Chris Dodd: ‘My Moment Is Now At An End’” LINK

BOOKMARKS:
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