Venezuelans voted to lift a two-term constitutional limit on the presidential term, allowing Hugo Chavez to run for office again in 2012. Analysts discuss what this means for the future of Venezuelan politics.

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In the day's other news headlines, California lawmakers failed to resolve the state's budget crisis, and Sen. Roland Burris, D-Ill., denied any dishonesty over his contacts with ousted Illinois Gov. Rod Blagojevich.

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The economy continued its decline, with Japan reporting a worse recession than in Europe and America. Tom Bearden gives an update on the world economic outlook.

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Columnists Mark Shields and David Brooks mull the political news of the week, including the battle in Congress over the stimulus bill and Sen. Judd Gregg's decision to drop his bid to become the Obama administration's commerce chief.

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President Obama spoke at the Lincoln Memorial Thursday to celebrate the former president's 200th birthday, praising his ability to bridge deep divides and bring unity to a fractured nation. Historians mull Lincoln's legacy and its relevance today.

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Lawmakers continued Thursday to nail down the details of the economic stimulus bill in a push toward a final vote. Google CEO Eric Schmidt and Minnesota Gov. Tim Pawlenty examine the bill's effectiveness and react to news of Judd Gregg's…

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Commerce Secretary-designate Judd Gregg became the latest Cabinet nominee to withdraw from consideration, citing key differences with President Barack Obama on economic issues and the forthcoming Census. Washington Post reporter Chris Cillizza discusses the development.

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Tzipi Livni and Benjamin Netanyahu both claimed victory in Israel's parliamentary elections, with close vote totals throwing the prospects for building a ruling coalition into limbo. Analysts discuss the results and what they mean for the region's political future.

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Congressional leaders announced that they have reached a deal on a stimulus plan Wednesday -- although talks continued late in the day on the bill's final details. The Hotline's Amy Walter discusses the negotiations and Jeffrey Brown reports on the…

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Political and religious leaders in Iran are dealing with vast changes in the country's society since the revolution 30 years ago, including President Obama's suggestion for dialogue. Lindsey Hilsum, of Independent Television News, reports.

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