A day after Republican victories across the country took back House control, pledges came from the GOP to cut spending and shrink government. Meanwhile, Democrats pledged cooperation and took stock of their losses. Gwen Ifill and David Chalian wrap up…

Rupert Murdoch's NewsCorp. made a $5 billion offer Tuesday to acquire Dow Jones and its newspaper, the Wall Street Journal. A business analyst and a journalist discuss the offer's impact.