Many New York City school bus routes were shuttered today as drivers went on strike. Schoolbook reporters Beth Fertig and Yasmeen Khan update the latest. Then, Nicole Gelinas, contributing editor of the Manhattan Institute's City Journal, discusses how the city should approach negotiations with the union and the bus companies.

Nicole Gelinas, contributing editor of the Manhattan Institute's City Journal, and Paul Sonn, legal co-director of the National Employment Law Project, provide the pros and cons of the New York state legislature's proposed minimum wage increase.

Nicole Gelinas, contributing editor of the Manhattan Institute's City Journal, analyzes the budget proposal announced by Representative Paul Ryan (R-WI) on Tuesday.

Nicole Gelinas, contributing editor of the Manhattan Institute's City Journal and author of After the Fall: Saving Capitalism from Wall Street and Washington, and Simon Johnson, former chief economist of the International Monetary Fund and co-founder of the blog The Baseline Scenario, discuss some of the big economic stories in today's news. The Fed's program known as QE2 is coming to an end -- did it work? Bank of America is planning to pay $14 billion back to investors who lost money on mortgage deals gone bad -- is it enough? And what's going on in Greece, exactly?

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Nicole Gelinas, contributing editor at the Manhattan Institute's City Journal and author of After the Fall: Saving Capitalism from Wall Street and Washington, talks about her congressional testimony on the fiscal woes of state and local governments - and whether bankruptcy should be an option. 

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Nicole Gelinas, a contributing editor of the Manhattan Institute's City Journal and author of After the Fall: Saving Capitalism from Wall Street and Washington, Greg David, director of the business and economics program at the CUNY Graduate School of Journalism, and Nomi Prins, senior fellow at Demos, former investment banker and author of It Takes a Pillage: Behind the Bailouts, Bonuses and Backroom Deals from Washington to Wall Street, debate this week's True/False Wonk Wars idea: that bank reform will send jobs fleeing from New York.

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Nicole Gelinas, a contributing editor of the Manhattan Institute's City Journal and author of After the Fall: Saving Capitalism from Wall Street and Washington, argues - somewhat counter intuitively - that President Obama's proposal to reign in Wall Street doesn't go far enough. Hear her make her case for even stricter bank reform.  Also joining the discussion is Harry Moroz, research associate with the Drum Major Institute for Public Policy, who says finanical reform will strengthen New York's economy.