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U.S. Attorney General Eric Holder called the recent beating death of a Chicago teen a "wake-up call" that would lead to action. Holder and Education Secretary Arne Duncan held a news conference with Chicago Mayor Richard Daley. The two Cabinet officials were sent by the White House to Chicago after the killing.

Democratic presidential hopeful Barack Obama has opted out of public financing. He has used social networking sites on the Internet, among other strategies, to raise record amounts of contributions. Obama's fundraising success could mean another failure for the public financing system. Anthony Corrado, a political scientist at Colby College, talks with Renee Montagne about the future of public financing.

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.

Senators announced a compromise between House and Senate negotiators on the economic stimulus package. Some House Democrats are upset that money for states and schools had been removed from the measure, but backed the deal.

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.

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.