Lawmakers return to their districts this holiday week to meet and mingle with constituents. But the official Democratic and Republican talking points may not gibe with voters' economic concerns. Scott Tong reports.
<strong>NEWS ANALYSIS:</strong> The visit of President Bush and Japanese Prime Minister Koizumi to Elvis Presley's Graceland mansion brings to light The King's views on economic policy. Reporter Kim Green explains to Tess Vigeland.
With pressure from states and local governments to find additional sources of revenue, Congress today is discussing plans to open up offshore regions to oil and natural gas drilling. Scott Tong reports.
Lawmakers are expected to introduce legislation today to clamp down on the mostly unregulated hedge fund industry. But those hoping for a shorter leash shouldn't hold their breath, Janet Babin reports.
The Senate Finance Committee holds hearings today on whether pimps should be forced to pay taxes for their ill-gotten gains, as Congress takes a page from the Elliott Ness playbook to deal with prostitution. Scott Tong reports.