11:56 AM, January 3rd, 2012

Frontpage: Tuesday, Jan. 3

  1. Panetta Set to Slash Pentagon Budget: The Defense Secretary plans to unveil a shrunken budget this week, part of a deal to cut $450 bil from military spending. 
  2. Newt: Romney’s a Big Liar: There goes the “no negative campaigning.” Gingrich is in 4th place in the latest Iowa polls. 
  3. Taliban Confirms Qatar Peace Talks: The Taliban in Afghanistan has announced that it plans to open a political office in Qatar in order to hold talks with the U.S.
  4. Murdoch Supports Santorum on Twitter: After a few mistakes on the microblogging site, Murdoch successfully used his account to support Rick Santorum on Monday night,  saying it was “good to see santorum surging in Iowa.” 
  5. Arab League Calls for Syria Ceasefire“Gunfire should be stopped and there are snipers,” said Nabil Elaraby, secretary-general of the Arab League.

Photo: President Barack Obama and First Lady Michelle Obama return from Christmas vacation in Hawaii with their daughters Sasha (2nd L) and Malia (R). (Saul Loeb, AFP / Getty Images) 

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