President Obama’s budget calls for new spending to target unemployment as it slashes funding for hundreds of programs and raises taxes on banks and the wealthy. The political battle ahead over the 3.8 trillion dollar plan.

Guests

  • Douglas Holtz-Eakin chief economist, director, Congressional Budget Office from 2003 to 2006, and senior domestic policy adviser to the McCain Campaign and a member of the Financial Crisis Inquiry Commission.
  • Jonathan Weisman White House reporter for "The Wall Street Journal."
  • Robert Greenstein founder and executive director of the Center on Budget and Policy Priorities.

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