From this morning's Earlybird:

• "The Federal Election Commission on Monday decided that limited liability companies are not political committees when they team up with political consultants to run television advertisements and other independent expenditures," Roll Call (subscription) reports. "The decision may provide cover for wealthy Democrats and Republicans to team up with like-minded donors to target candidates in the 2010 election."

• "A major lobbying battle has heated up over legislation that would establish new security standards for facilities across the country that store or process chemicals, pitting some of the nation's largest business groups against environmental and labor organizations," CongressDaily AM (subscription) reports. "Nearly 30 industry groups sent House Energy and Commerce Chairman Henry Waxman and ranking member Joe Barton a strongly worded letter Monday opposing certain provisions in a chemical security bill making its way through Congress."

• "Nearly 50 companies, trade associations and nongovernmental organizations urged lawmakers Monday to act soon to extend trade preferences for about 130 developing countries that expire Dec. 31.," CongressDaily AM (subscription) reports. "Lawmakers in both chambers want to update the 35-year old Generalized System of Preferences program, which allows duty-free access for nearly 4,900 products. Given the dwindling legislative calendar, advocates wrote to leaders of the House Ways and Means and Senate Finance panels that a simple extension was preferable to letting the program lapse due to differences on a broader reform approach."

• Filmmaker Michael Moore "is in town to promote his film 'Capitalism: A Love Story,' and while his movie is already being mocked by Republicans, Moore's real targets are Democrats," Politico reports. "...The group will call for a single-payer, government-run health care system -- something that isn't even on the table in the current health care debate. Moore is expected to directly target moderate Blue Dog Democrats in his press conference, which he'll co-host with Robert Weissman, president of Public Citizen, and Fred Redmond, vice president of United Steelworkers."