Here are verse-by-verse comments I wrote last year.
The Gospel Lesson for Christmas Eve is Luke 2:1-20. Below is the entire text:
In those days a decree went out from Emperor Augustus that all the world should be registered. 2This was the first registration and was taken while Quirinius was governor of Syria. 3All went to their own towns to be registered. 4Joseph also went from the town of Nazareth in Galilee to Judea, to the city of David called Bethlehem, because he was descended from the house and family of David. 5He went to be registered with Mary, to whom he was engaged and who was expecting a child. 6While they were there, the time came for her to deliver her child. 7And she gave birth to her firstborn son and wrapped him in bands of cloth, and laid him in a manger, because there was no place for them in the inn.If you are going to be in southeastern Ohio on Christmas Eve, you're invited to worship with us at Saint Matthew Lutheran Church in Logan, for The Candlelight Service at 11:00PM. Here is a map showing the location.
In that region there were shepherds living in the fields, keeping watch over their flock by night. 9Then an angel of the Lord stood before them, and the glory of the Lord shone around them, and they were terrified. 10But the angel said to them, “Do not be afraid; for see—I am bringing you good news of great joy for all the people: 11to you is born this day in the city of David a Savior, who is the Messiah, the Lord. 12This will be a sign for you: you will find a child wrapped in bands of cloth and lying in a manger.” 13And suddenly there was with the angel a multitude of the heavenly host, praising God and saying, 14“Glory to God in the highest heaven, and on earth peace among those whom he favors!” 15When the angels had left them and gone into heaven, the shepherds said to one another, “Let us go now to Bethlehem and see this thing that has taken place, which the Lord has made known to us.” 16So they went with haste and found Mary and Joseph, and the child lying in the manger. 17When they saw this, they made known what had been told them about this child; 18and all who heard it were amazed at what the shepherds told them. 19But Mary treasured all these words and pondered them in her heart. 20The shepherds returned, glorifying and praising God for all they had heard and seen, as it had been told them.
[UPDATE: I like what Chris Haslam writes about Luke 2:1-20:
Luke is concerned to place Jesus in the time-line of history, as a real human being. We know of Augustus’ attempt to clean up the taxation system: as well as requiring more reasonable practices of tax collectors, he introduced a truly equitable tax: a poll-tax. Every 14 years, a census was held: people were required to present themselves in their ancestral towns, to register for the tax. Records are fragmentary but we do know that a census was held by “Quirinius” (v. 2) of Syria in 6-7 AD. Perhaps Judea was included in a census of 8-7 BC, “the first registration”. From Matthew 2:16, we know that Herod the Great sought to kill Jesus by slaughtering all children aged two or less. Because Herod died in 4 BC, Jesus was born no later than 6 BC. The dates agree. Joseph and Mary travel to Bethlehem, the city of David, to “to be registered” (v. 5). Jesus is born in Bethlehem in fulfilment of the prophecy of Micah 5:2-5: a shepherd-king is to be born there.
In v. 7, Jesus is treated like any other newborn of the time: he is wrapped in cloths, but there may be a message in his being born in “a manger”: animals normally fed from it; Jesus is sustenance for the world. In vv. 8-14, we learn the meaning of Jesus’ birth. Those who hear the pronouncement by the angel are “shepherds” (v. 8), lowly people. David too was a shepherd; in Luke, Jesus comes to the poor, the lowly. The message of Christ’s birth is indeed a joyful one – for all.
V. 11 mentions our great claims as to who Jesus is: “Saviour”, “Messiah” and “Lord”. As “Saviour”, he restores us to wholeness, rescues us from sin and alienation from God. In Jesus, God is present with sinners and saves us from destructive self-isolation to union with him, in a nurturing community. As “Messiah”, he inaugurates the era of heavenly peace: the end-time has begun. As “Lord”, he is God come in human form. The kingdom is for all those whom God has chosen (v. 14b). In vv. 15-20 the shepherds visit Jesus, Mary and Joseph. They tell them and many others the good news the angels have told them.]