Today marks the president's 21st press conference. His last was October 4 in the Rose Garden and went approx 55 minutes. According to the White House, the president will make an opening statement on Iraq, the Patriot Act, the economy, accomplishments in 2005 and touch on priorities going forward.

The presser begins at 10:30 a.m. ET.  You can watch it live by clicking here.  White House Correspondent Kelly O'Donnell reports the story tonight on Nightly News, followed by political analysis from Washington Bureau Chief and "Meet the Press" moderator Tim Russert.