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Oddsmaker says Iowa is Gingrich's to lose

Paddy Power, an Irish bookmaker, says Newt Gingrich is the favorite to win Iowa's caucuses next month and is running even with Mitt Romney in the overall national race for the Republican presidential nomination.

House sergeant at arms to retire

House Sergeant at Arms William "Bill" Livingood has announced he will retire in January after serving 17 years as the chamber's chief law enforcement and protocol officer.

Barney Frank, fashion guru

Retiring Democratic Rep. Barney Frank has been called many things during his three decades in Congress. But fashion expert likely isn't one label that comes to mind for most people. Except for House Minority Leader Nancy Pelosi. The California Democrat, during her weekly briefing with reporters on Thursday, deviated from her talking points to wax nostalgic for several minutes about Mr. Frank, who announced Monday he won't seek a 17th term next year. When asked about her most memorable moment with the chronically blunt Massachusetts Democrat, Mrs. Pelosi recalled an episode years ago when she wore a new suit to work. "I go to the floor and the first person I run in to is Barney Frank, who said, 'Give it away, don't wear that suit anymore,'" said Mrs. Pelosi while holding back laughter. Later that day she said she received another reprimand from former House Appropriations Democratic leader David Obey for not being diplomatic enough when presenting a bill. "So (I thought), this is really my day: I'm getting fashion advice from Barney Frank and diplomacy advice from Dave Obey," Mrs. Pelosi said amid laughter from the press corps.

Pelosi: Don't shrink federal workforce

House Minority Leader Nancy Pelosi said Thursday she would consider "reasonable" Republican suggestions for paying for an extension of the payroll-tax break, but shot down a GOP proposal to offset costs by reducing the federal workforce.

Romney's first ad in Iowa touts his business experience

With about a month to go before the Iowa caucuses kick off the nomination process, Republican presidential candidate Mitt Romney released his first television ad in the Hawkeye State on Thursday, playing up his business background and his campaign pledge to cut federal spending.

Texas Dems: Is Rick Perry smarter than a fifth-grader?

The Texas Democratic Party questioned Tuesday whether Gov. Rick Perry could outwit a fifth-grader after the Republican presidential contender appeared to forget — or not know — that the legal voting age in the United States is 18 during a campaign swing through New Hampshire.

Waters probe may impact committee promotion

Now that Rep. Barney Frank, the 16-term Democrat from Massachusetts, has announced his plans to retire at the end of next year, Rep. Maxine Waters' record is getting a closer look, and the picture is anything but clear.