02/14/2009 05:12 am ET | Updated May 25, 2011

Chavez Will Try Again To End Term Limits

Reporting from Caracas, Venezuela -- Despite the prospect of economic hard times as oil revenue plunges, Venezuelan President Hugo Chavez is preparing to go before voters with a plea that they've rejected once before: End term limits that block him from staying in power indefinitely.

The National Electoral Commission is expected this week to set a Feb. 15 date for a referendum seeking approval of a measure that would allow Chavez and all other elected officials to run for reelection an unlimited number of times.

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