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Wednesday, December 29:

Tonight at 9 p.m. ET!

The International Red Cross is warning that the death toll in southern Asia could rise as high as 100,000 following the massive earthquake and deadly tsunamis it triggered earlier this week.

Speaking to reporters at his ranch in Crawford, Texas, President Bush said today that the United States, India, Australia and Japan have formed an international coalition to coordinate worldwide relief and reconstruction efforts for the Asian region ravaged by a deadly earthquake and tsunamis.

"We will stand with them as they start to rebuild their communities," the president said.

We'll have the latest on the disaster and efforts to provide aid for victims of one of the largest natural disasters in modern history.

Plus, we'll also delve further into the latest developments in the United Nations oil for food scandal when columnist Claudia Rosett joins the debate.

Also, was 2004 a good or a bad year for homeland security? Columnist and FOX News contributor Michelle Malkin gives us a review of the year that's almost over.

And later, Kevin Mattson author of the book "When America Was Great: The Fighting Faith of Postwar Liberalism" sits down with us

—The Associated Press contributed to this report.

These stories and more! Don't miss the debate! Watch "Hannity & Colmes" tonight at 9 p.m. ET...

About the Show

Fast-paced and hard-hitting, "Hannity & Colmes" brings viewers a heated discussion in a nightly face-off. Relishing in controversial topics, personalities and social issues, conservative radio commentator Sean Hannity and liberal radio personality Alan Colmes offer their points-of-view in an often animated, always compelling debate.

But, unlike similar debate shows — which often appear scripted — "Hannity & Colmes" conducts a live, spur of the moment deliberation on politics and social topics. Also, differentiating the show is its dedication to "move away from the Beltway," bringing audiences an alternative discussion program without the "in" comments.

Adding fuel to the fire, several high-profile guests have joined the program on a wide-range of topics.

"With guests who are 'in the middle of the fight,' we're able to hear their point-of-view on the topics, as well as advance our own feelings," said Hannity.

"Believe it or not, I agree with that statement," quipped Colmes.