comparing dictionaries

[brad]

I want to compare two dicts that should have identical info just in a 
different data structure. The first dict's contents look like this. It 
is authoritative... I know for sure it has the correct key value pairs:

{'001' : '01'}

The second dict's contents are like this with a tuple instead of a 
string for the key:

{('This is one', '001'): '01'}

Pseudo Code:
for key, value in first_dict.iteritems():
   # How do I do the following line?
   if key not in second_dict or if it is, but has has the wrong value, 
then let me know