Aides to President Bush suggest that high on the president's priority list for a second term are the tax code, Social Security (search) reform and what the White House sees as ambulance-chasing lawyers.

The White House has blamed lawsuits for encouraging doctors to practice defensive medicine and causing their insurance rates (search) to climb so high that many doctors are giving up their profession.

The president says the new tax code (search) must recognize the importance of home ownership and of charitable giving, but not necessarily by offering the same deductions as those given now.

Social Security reform may not come so quickly. The source said it will be "impossible" to accomplish both tax code and Social Security reform in the next 18 months while another senior congressional staff member told FOX News that "it will be tough to do" both Social Security and tax code reforms before intense politicking geared toward the 2008 presidential elections begins.

How easily will the president's agenda move through Congress? We'll have an exclusive and wide-ranging interview with Senate Majority Leader Bill Frist, R-Tenn.

Plus, will Democrats work with or against President Bush? We'll ask Sen. Joe Lieberman, D-Conn., former vice presidential candidate.

And, we'll get powerful political punditry from our All Star panel of FOX News contributors Charles Krauthammer, syndicated columnist; Mara Liasson of National Public Radio; Bill Kristol of The Weekly Standard, and Juan Williams of National Public Radio.