Here's what is new in this week's National Journal: (all stories require a subscription)

• What has the election of President Obama meant for Washington D.C.'s largest think tanks? Julie Kosterlitz takes a look at how the liberal Center for American Progress is on the ascendency and the conservative American Enterprise Institute is undergoing a reinvention. See story here.
• Employers are bracing for a range of additional bills and regulations that are expected to be championed by labor unions.  Alyssa Rosenberg takes a look at what other issues are on labor's agenda beside the Employee Free Choice Act. She notes the Service Employees International Union is devoting $85 million to push for EFCA, economic recovery and health care reform. See story here.
• The economic downturn has forced the Pharmaceutical Research and Manufacturers of America to chop its budget by about 15 percent this year, according to three lobbyists, Peter Stone reports in the K Street Corridor.
• Retired Rep. James Walsh, R-N.Y., is the latest former lawmaker to jump to K Street. He has joined law and lobbying firm K&L Gates as a counselor, Bara Vaida reports. K&L Gates also hired Nick Leibham, a former aide to Rep. Gary Ackerman, D-N.Y., and a former San Diego prosecutor, who unsuccessfully challenged Rep. Brian Bilbray, R-Calif., in the 2008 election.
• Two Republicans have found jobs on K Street. The law firm Womble Carlyle Sandridge & Rice has snagged several new hires. The biggest catch: former Rep. Deborah Pryce, R-Ohio. Pryce, who retired from Congress in 2008, served in the House leadership as Republican Conference chair. In addition, former White House staffer John Emling has joined the Retail Industry Leaders Association as a senior vice president of government relations. He previously served as deputy assistant to President Bush in the Office of Legislative Affairs. See National Journal's On the Move section here.