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Hotline Sort: King and His Court

4) Colorado Sen. Michael Bennet has been offered the job of Democratic Senatorial Campaign Committee Chairman and talked about it with Senate Majority Leader Harry Reid, Politico reports.

3) And over at the National Republican Senatorial Committee, Kansas Sen. Jerry Moran appears likely to get the chairmanship now that Ohio Sen. Rob Portman has passed on the race. Roll Call reports on some grumbling about his qualifications and fundraising abilities.

2) Democratic Sen. Mark Warner would be a heavy favorite if he were to launch a gubernatorial campaign in Virginia again in 2013, according to a Quinnipiac University poll. If Warner doesn't run, former Democratic National Committee Chairman Terry McAuliffe would start the race with a slight advantage: He holds early, modest leads over the two declared Republican candidates, Lt. Gov. Bill Bolling and Attorney General Ken Cuccinelli.

The poll shows Warner with wide leads over both, outpacing Bolling by 20 points, 53 percent to 33 percent, and Cuccinelli by 18 points, 52 percent to 34 percent.

1) President Obama is starting fiscal cliff negotiations with his recent budget proposal, which would raise taxes on corporations and the rich by $1.6 trillion in the next decade.

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