President Obama will be officially sworn in and begin his second term as the 44th President of the United States on Jan. 20. As Washington gears up for Inauguration Day, people across the country and the world are reflecting on what was gained and lost during Obama's first term.
The first openly gay bishop in the Episcopal Church will start work with the Center for American Progress, focusing on issues of faith and gay rights. "Gay is not something we do," he says. "It's something we are." His book God Believes in Love: Straight Talk About Gay Marriage was published in September.
The fight over the former GOP senator's nomination to be the next defense secretary might be bigger than any other Cabinet nomination in recent history. Chuck Hagel's friends and foes are preparing for modern combat on TV and the Internet.
Counterterrorism adviser John Brennan is expected to be chosen as CIA director. And it's expected that Chuck Hagel will be announced to replace retiring Defense secretary Leon Panetta at the Pentagon.
President Obama says he won't negotiate about the borrowing limit. He says the Congress must raise the debt ceiling to pay for spending it's already OK'd. But Republicans say they'll use the threat of default to get more spending cuts from the White House. Obama still has some options if he and Congress can't reach an agreement.
In theory, some say, President Obama could have a $1 trillion coin made and that would head off the next big battle over the federal government's debt ceiling.
Timothy Geithner presided over Treasury at a particularly tumultuous time. The banking system was still in a crisis, and people were soon calling for his head. Naming his replacement four years later, President Obama said Geithner will be remembered "as one of our finest secretaries of the Treasury."
After trying to help remove fellow Republican John Boehner as House speaker, Rep. Justin Amash got a very warm reception upon returning to his Michigan district. For a conservative Republican from a conservative district, being labeled a Washington troublemaker is not necessarily a bad thing.
Gov. Rick Scott says he's concerned about how much expanding Medicaid under the Affordable Care Act would cost. But after he was charged with exaggerating, his administration released a new study with much lower estimates.