Congress is back today and everyone's watching to see if the Democrats will keep their promises for reform over their first few days in power. Amy Scott reports.

Democrats have big plans for their reign over the 110th Congress, but President Bush has other ideas — and some of the Dems' big promises might conflict with one another. Hillary Wicai reports.

The Federal Reserve's efforts to steer the nation clear of inflation without crashing other parts of the economy might be working even better than imagined. Bob Moon reports.

The incoming Democratic majority in Congress is promising tougher trade policies this year, which Republicans warn will block the free flow of trade and harm the economy. John Dimsdale reports on the competing philosophies.

The Chief Justice of the Supreme Court says salaries for federal judges are so low that the country risks a constitutional crisis.

2007 will see the Democrats return to power in both houses of Congress. John Dimsdale gives us a glimpse of what they have in store for fiscal policy.

Our 38th President, Gerald Rudolph Ford, died Tuesday at his home in Rancho Mirage, Calif. At 93, he was the longest-lived U.S. president.

VaxGen fails to meet deadlines and loses $900 million deal with the U.S. And, it's not just the vaccine that's in trouble but the whole bio-defense program it's part of, Project Bioshield. Helen Palmer reports.

President Bush has suggested increasing the numbers of active-duty troops in the military. We take a look at what that might cost. Kai Ryssdal talks with defense expert Gordon Adams.

The FCC decides tomorrow whether to make it easier for phone companies to enter local cable markets. Increased competition would likely drop prices for consumers, but public access channels could suffer. Sam Eaton reports.