Andrea Seabrook

Republican presidential candidate Mitt Romney's newly announced running mate, Wisconsin Rep. Paul Ryan, has youth and experience. A conservative from a swing state, he has big ideas and the policy chops to back them up.

He also brings a kind of enthusiasm Romney could use: He's a darling of the conservative base that Romney has had a harder time winning over.

Among those on Mitt Romney's list of potential running mates, Wisconsin Rep. Paul Ryan has youth and experience, he's a conservative from a swing state, and he has big ideas and the policy chops to back them up.

But the chairman of the House Budget Committee would not be the safest of choices.

Back in February, when the Republican primary was still in full swing and the party's right wing was conspicuously unhappy with the idea of Romney, tax hawk Grover Norquist spoke to the Conservative Political Action Conference.

A Senate committee looked at the failure of HSBC bank to police money laundering.

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LINDA WERTHEIMER, HOST:

Just last week, Republican leaders were warning their rank and file not to gloat if the health care law were overturned. Well, after the decision came yesterday, GOP leaders regrouped and vowed to keep fighting. NPR's Andrea Seabrook reports.

Congressional leaders on Tuesday said they were close to a deal to solve two big issues facing lawmakers — student loan interest rates and federal highway funding.

Both issues with looming deadlines have high stakes for middle-income Americans: If Congress fails to reach agreements by this weekend, the federal highway program would come to a halt, and student loan interest rates would double, to 6.8 percent.

Student Loans

President Obama has been hammering on the issue of student loans for days.

The battering Mitt Romney took from Republican rivals during the primary made big news. What seemed less noteworthy at the time — the knocks he took from Republicans in Congress — is now much more significant if there is to be a President Romney.

"He's the least of the candidates running right now that would be considered a Tea Party candidate," Rep. Tim Scott, R-S.C., told CNN.

After Romney won Florida, GOP Rep. Allen West told CBS that Romney has to do a far better job in "making the appeal as far as being a strong constitutional conservative."

Several dozen wealthy donors have taken advantage of this post-Citizens United world, writing seven-figure checks to political superPACs.

Yet it seems there's something wealthy donors weren't counting on when they wrote those checks — attracting attention, including from the political opposition and the media.

A storm is brewing in Washington that could darken political debate for months to come. It's about the debt, the deficit, taxes and spending — all hot topics lawmakers have been fighting about for years now.

This time, though, there's a deadline, and the consequences of inaction would be immediate. That has many in Washington saying: Here we go again.

In the past week, President Obama and House Speaker John Boehner have begun a new round of sparring over the U.S. debt ceiling.