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The Senate is taking up the $700 billion plan to rescue Wall Street. Benton Ives, economics and finance reporter for the Congressional Quarterly, says the legislation is largely the same as the one the House rejected Monday, but with added tax breaks and an increase on the deposit insurance cap.

The administration wants to tie more of Medicare's spending on health care to quality and to encourage doctors and hospitals to be more frugal in their spending.

Students who are covered by Medicaid could get access to a wider network of doctors and hospitals, as well as mental health services, if they get care through their school's health plan.

President Biden heads to a New York district where Republicans eked out a victory in 2022. It's part of a push to put pressure on vulnerable Republicans to lift the debt ceiling.

The House has passed an $825 billion economic stimulus bill. However, no Republicans voted for the bill. They say it has too much spending and not enough tax cuts. It was a loss for bipartisanship but an early win for President Obama — just eight days into his presidency. The bill now goes to the Senate.

U.S. Supreme Court Justice Ruth Bader Ginsburg was hospitalized on Thursday and treated for pancreatic cancer. Ginsburg, 75, has told friends she intends to be back on the bench when the court reconvenes Feb. 23. Nevertheless, there's speculation about whom President Obama would chose to replace her should she step down.

The White House on Thursday hosts a summit designed to begin overhauling the nation's health care system. It's just one of the major issues President Obama is trying to tackle. Is it a good idea to have so many major issues in play at once?

President Obama kept a campaign promise Monday by overturning President Bush's restrictions on federal funding of embryonic stem cell research. But the stem cell executive order — and a companion presidential memo intended to rebuild the wall between politics and science — aren't helping the administration's efforts to reach out to the pro-life community.

A Congressional subcommittee on Wednesday had a hearing with two witnesses who warned the Bush administration against harsh interrogation techniques. One is Ali Soufan, the FBI agent who interrogated Abu Zubaydah. The other is Philip Zelikow, the State Department official who protested that there was no legal basis for justifying the techniques.

Most people are putting off big purchases during the recession — especially cars. Dealers are trying to change that with what analysts say are some of the lowest prices in a long time. But all those rebates and discounts have yet to re-kindle the market.