Midmorning: Federal budget and Terry McAuliffe

Congress watchers are predicting a clash between President Bush and the Democrats over the federal budget. This despite a goal both sides share in reducing the federal deficit by 2012. Kerri Miller's guests at 9 a.m. are John Ellwood, professor of public policy at the University of California at Berkeley; and Brian Riedl, senior policy analyst in Federal Budgetary Affairs at the Heritage Foundation.

At 10 a.m., former Democratic National Committee chairman Terry McAuliffe, who in only four years made the party a brand name while bringing their finances out of the red and into the black. McAuliffe is the author of the new book What a Party!