Current news events and political issues were examined through reviews of the morning newspapers; interviews with journalists, newsmakers and legislators; and viewer telephone calls, faxes and electronic mail. In the first segment, Mr. Fuss talked about current headlines, including the budget debate and the ethics investigation of Mr. Gingrich. In the next segment, Mr. Surina talked about the purpose and activities of the Federal Election Commision. In the next segment, Representatives Hutchinson and Maloney talked about current issues, including President Clinton's veto of the budget reconciliation bill and his own budget proposal. In the next segment, Mr. Katz outlined the issues concerning welfare programs involved in the overall budget debate. Then, Representatives Levin and Shaw discussed their perspectives on welfare reform. In the next segment, Mr. McDonald talked further about the purposes and activities of the Federal Election Commission and the overall issue of campaign finance. Then, Ms. Eilperin talked about the ethics investigation into Speaker Gingrich's use of campaign funds.