The Note's Must-Reads for Thursday, December 29, 2011

Compiled by ABC News Digital News Associates Jacqueline Fernandez, Jayce Henderson, Amanda VanAllen, and Alicia Tejada

PRESIDENT OBAMA ABC News' Devin Dwyer: " Obama, Biden to Hold Exclusive Webcasts on GOP Vote Nights" President Obama and Vice President Joseph Biden will each hold a virtual huddle with grassroots supporters in Iowa and New Hampshire on the states' respective caucus and primary nights next month, campaign officials say. On Jan. 3, Obama will deliver remarks and take questions live-streamed over the internet exclusively to hundreds of Democratic caucus sites in the Hawkeye State. LINK

IOWA CAUCUS ABC News' Emily Friedman: " Mitt Romney on Latest Iowa Poll: 'Moving Upward Is a Good Sign'" Reacting tonight for the first time to the latest Iowa poll numbers that show him leading the pack of GOP candidates in the Hawkeye State, Mitt Romney remained coy about his frontrunner status, saying only that the numbers are "more encouraging than some." LINK

USA Today's Jackie Kucinich and Jennifer Jacobs: " As Rick Santorum surges, Newt Gingrich fades fast in Iowa" Rick Santorum is the latest Republican candidate for president to gain momentum, as two other contenders, Mitt Romney and Newt Gingrich, are either solidifying support or losing it rapidly. LINK

The Wall Street Journal's Danny Yadron and Brody Mullins: " New Funding Rules Fuel Ad War, Shape Race" Millions of dollars in television advertisements are blanketing Iowa and reshaping the Republican presidential contest just before the first votes are cast. But unlike in other primary elections, a majority of advertisements aren't coming from the candidates themselves, according to media buyers.  LINK

Washington Times' Stephen Dinan: " Paul enjoying view from top of polls - Gets spotlight as caucuses near" Ron Paul is no longer being ignored. Returning to campaign in Iowa on Wednesday as the king of the presidential hill - albeit barely, according to the latest average of polls here - the 12-term congressman from Texas was greeted with a swarm of press coverage and a hail of attacks from his fellow candidates.  LINK

The Washington Post's Amy Gardner: " Romney and Santorum surge as Iowa caucuses near" For months, the fight for the Republican presidential nomination has been cast as a tough choice: a true conservative vs. someone who can beat President Obama in the fall. In the final days before the Iowa caucuses, many voters who once hoped for both were realizing that they may not be able to have it all. LINK

The Hills' Cameron Joseph: " Romney could lock up GOP nod without win in Iowa caucuses" Mitt Romney increasingly is being seen as a winner in Iowa, even if he fails to win the state's caucuses on Tuesday.  A second-place finish on Jan. 3 in Iowa could lock up the GOP nomination quickly for the former Massachusetts governor, who appears all but unbeatable in the next contest - New Hampshire's Jan. 10 primary. LINK

The Los Angeles Times' Paul West: " Republican campaign hinges less on issues" Mitt Romney has a 59-point economic plan. Newt Gingrich promises "very big solutions." But to a large and increasing extent, issues aren't driving the fight for the Republican presidential nomination. With Iowans about to cast the first votes of 2012, issues have declined in importance as a factor in the campaign, according to a recent national opinion survey of Republicans. LINK

ABC NEWS VIDEOS " Perry's Abortion 'Transformation'" LINK   " 2011: Top Campaign Moments in Under Two Minutes" LINK

BOOKMARKS The Note:  LINK The Must-Reads Online:  LINK Top Line Webcast (12noon EST M-F):  LINK ABC News Politics:  LINK The Political Punch (Jake Tapper):  LINK George's Bottom Line (George Stephanopoulos):  LINK Follow ABC News on Twitter:  LINK ABC News Mobile:  LINK ABC News app on your iPhone/iPod Touch/iPad:  LINK