Senator says US, Russia must work together on Iran (AP)

AP - Sen. Carl Levin, who chairs the Armed Services Committee, said Friday he believes the time is ripe for the U.S. to pursue a fresh partnership with Russia aimed at deterring Iranian missiles.

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White House: Bailout plan will address bonus pay (AP)

AP - The White House says its upcoming financial plan will clamp down on the salaries and bonuses paid to Wall Street employees whose firms receive taxpayer help.

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Blackwater’s Iraq deal not to be renewed (AP)

AP - The State Department said Friday it will not renew Blackwater Worldwide’s contract to protect American diplomats in Iraq when it expires in May.

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Smith: George’s calls (Politico)

Politico - Blog: Conservative media critic Brent Bozell and some conservative bloggers have been making hay with this week’s Politico story on the running, rolling c

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GOP elects first black national party chairman (AP)

AP - The Republican Party chose the first black national chairman in its history Friday, just shy of three months after the nation elected a Democrat as the first African-American president. The choice marked no less than “the dawn of a new party,” declared the new GOP chairman, former Maryland Lt. Gov. Michael Steele.

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Economy’s new plunge is worst in quarter-century (AP)

AP - Battered by layoffs, debts and dread of worse to come, shoppers clutched ever tighter to their wallets in the final three months of 2008 and thrust the economy into its worst downhill slide in a quarter-century. Americans cut spending on everything from cars to computers, and it’s only getting worse so far in the new year.

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Tax issues emerge in Daschle nomination (AP)

AP - Former Sen. Tom Daschle, picked by President Barack Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in back taxes and $11,964 in interest, according to a Senate document obtained by The Associated Press.

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Republican Romney criticizes Obama on abortion (AP)

AP - Republican Mitt Romney, a potential candidate for the White House in 2012, accused President Barack Obama on Friday of answering to the “most extreme wing of the abortion lobby.” Even if the administration “will say nothing on behalf of the child waiting to be born, we must take the side of life,” the former Massachusetts governor told House Republicans at a weekend retreat, according to his prepared remarks.

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Michael Steele becomes first black RNC chairman (AP)

AP - The Republican Party chose the first black national chairman in its history Friday, just shy of three months after the nation elected a Democrat as the first African-American president.

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15 lawmakers to join Obama to watch Super Bowl (AP)

AP - He met at the White House with congressional leaders from both parties. He went to Capitol Hill for private meetings with House and Senate Republicans. President Barack Obama even schmoozed with a group over cocktails at the executive mansion.

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