Senator Ted Stevens has been indicted on seven counts of making false statements. The 84-year-old Alaska Republican and former chair of the Senate Appropriations Committee is accused of falsely reporting hundreds of thousands of dollars in services he received from a company that helped renovate his home. In 2005, Stevens became a lightning rod for critics of wasteful spending when he backed a costly "bridge to nowhere" in his home state. It ultimately was not funded. Guests: Marty Kady, Politico.com, and Julian Zelizer, Congressional Historian at Princeton's Woodrow Wilson School. Zelizer is also the author of "On Capitol Hill: The Struggle to Reform Congress and its Consequences."

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