Daily Briefing: Peace Out

* Embattled Rep.Tom DeLay(R-Tex.) announces he will resign "within months."DeLay: "I'm very much at peace with it... I'm a realist. I've been around awhile. I can evaluate political situations." [ Time , Time ]

*DeLay's decision came as the findings of federal prosecutors have pushed "an already difficult reelection bid all but out of reach." Says his lawyer, "It was personal and political." [ WP , WP , NYT , LAT , USAT , WSJ , WT ]

* Swing Republicans in the Senate hash out compromise on immigration; proposal would restrict new illegal immigrants but offer citizenship to those who have been here for over five years. Sen.Arlen Specter(R-Pa.): "What we're looking for is a middle ground, something that will appeal to a broader base." [ WP , LAT ]

* Senators add billions of dollars in pet projects to Katrina relief bill. [ WSJ ]

* Capitol Police seek warrant for the arrest of Rep.Cynthia McKinney(D-Ga.).McKinney: "If security of the House of Representatives is based on how members of Congress wear their hair... that is ridiculous... my face hasn't changed." [ WP , NYT ]

* Emergency response to a terrorist attack by sea would would be "potentially disastrous," report finds. [ NYT ]

* Administration and the Senate disagree on the appointment of Social Security and Medicare trustees; Senators want to follow precedent by not re-nominatingBush's two public trustees. [ NYT ]

* Sen.Trent Lott(R-Miss.) "has traded iron discipline and party loyalty for a more freewheeling take on life and fellow Republicans." [ USAT ]

* For Senators with immigrant backgrounds, legislation is personal. [ NYT ]