A "gang of eight" senators says it is close to a blueprint for immigration reform. Jackie Calmes, New York Times White House correspondent, discusses the latest on immigration, President Obama's renewed push for gun legislation, and all the latest news from Washington.
President Obama presented his 2013 budget to Congress on Monday that includes $1.5 trillion in new taxes over the next ten years for the wealthiest taxpayers, closing some corporate tax breaks, and allowing Bush-era tax cuts to expire. However, it's not all cuts: the budget outlines increased spending for infrastructure projects, job-training, and innovation. Overall, it aims to lower the deficit below $1 trillion.
The Village Voice's Wayne Barrett is among the growing number calling for Governor Paterson to step down. He explains why. Also today: Henry Louis Gates, Jr. on tracing the family histories of notable Americans, from Stephen Colbert to Yo-Yo Ma. And Jackie Calmes offers analysis of yesterday’s bipartisan health care ...
Yesterday we heard some strong arguments against the very structure of bank bonuses from economics professor Dan Ariely. Today we hear from someone who represents the financial services industry to explain why bonuses are used.