Bloomberg previews the difficulties Treasury Secretary Hank Paulson is likely to face in trying to tackle Social Security reform, "To succeed, he will have to bridge the gap between two irreconcilable positions: Bush's demand for the creation of private investment accounts to fund the program, which the Democrats who will control Congress adamantly oppose, and the Democrats' requirement that any change to the federal retirement system include a tax increase, which the president rejects."
Vice President Cheney's openly gay daughter Mary is pregnant. She and her longtime partner expect the baby to arrive in late spring. "News of the pregnancy will undoubtedly reignite the debate about gay marriage. During the campaign, Mary Cheney was criticized by gay activists for not being more publicly supportive of same-sex marriage. Her father said people 'ought to be free to enter into any kind of relationship they want to' but deferred to the president's policy supporting a constitutional amendment banning same-sex marriages."