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As many as 12 million undocumented workers could achieve legal status under a bill approved by the White House and a bipartisan group of senators. The deal means Congress is a step closer to passing the long-awaited overhaul of U.S. immigration policy.

Sen. Barack Obama (D-IL) tells a crowd at the Illinois state capital that he is running for the White House in 2008. The first-term U.S. senator began his elected life at the state legislature 10 years ago.

Former White House aide I. Lewis "Scooter" Libby has been convicted of obstruction, perjury and lying to the FBI in an investigation into the leak of a CIA operative's identity. It is unclear what Libby's sentence could be. His attorneys say they'll appeal.

NPR's Steve Inskeep speaks with GOP Sen. Mike Rounds of South Dakota about a military spending plan after the House passed a bill with restrictions on abortion coverage and diversity initiatives.

Investigators and whistleblowers told a House committee Thursday that the Federal Avaiation Administration was too cozy with irlines and failed to exercise the oversight required by law. FAA inspectors say they were pressured to gloss over problems at major airlines.

The Dalai Lama is to receive the Congressional Gold Medal. The Chinese government is not happy about the award or the warm reception the Dalai Lama is receiving from the Bush administration. The White House is trying to downplay the situation.

Federal Reserve Chairman Ben Bernanke said Thursday that he expects the U.S. economy to "slow noticeably" in coming months as the housing slump intensifies. Bernanke also said the economy has shown considerable resilience and should rebound next year.

Gen. David Petraeus and U.S. Ambassador to Iraq Ryan Crocker are on Capitol Hill for a second day of hearings, continuing to give lawmakers their assessments of the progress made in Iraq. Facing a more skeptical Senate panel, Crocker and Petraeus reiterated points they made in House testimony Monday.

The House of Representatives rejected a $700 billion dollar financial bailout plan yesterday. As a result, the Dow dropped over 700 points, the largest stock drop in history. Two congressmen discuss voting for and against the bailout plan yesterday.

Before President Bush laid out his plan on Friday, automakers had pleaded with Congress not once, but twice before it fell to the White House. Lots of politicking went into getting the deal to where it is, and many members of Congress remain doubtful.