Some high-ranking Republicans are fighting a deal that would transfer some US port operations to a company owned by the government of the United Arab Emirates. But this isn't a left v. right fight. It was the Bush Administration that originally approved the deal last week. Now the governors of New York and Maryland are threatening legal action. Amy Scott tells us what they're trying to do.

Congress, for the third time, has allowed the federal flood insurance program to increase borrowing to pay claims associated with Hurricane Katrina. Stacey Vanek-Smith reports.