Today in our nation's capital, President Obama helped unveil a new statue dedicated to civil rights icon Rosa Parks. Civil rights leaders like Rosa Parks and Dr. Martin Luther King Jr. led the fight to ensure African Americans in our nation were no longer denied the right to vote.
The sequester deadline is March 1st, and there's only four days until Republican austerity measures start to kick in. President Obama released new reports Sunday, which detail how spending cuts will harm each state, and he continues to call on Congress to find a way to avoid the sequester. The Republicans were hard at work too.
With the sequester deadline only a week away and Congress no closer to reaching a deal to prevent austerity, Republicans are changing tactics. They've spent the last month blaming President Obama for the looming cuts, but Americans didn't buy it, so now they're saying the sequester is really no big deal.
Extreme wealth inequality. And according to a new paper from Thomas Hungerford at the Congressional Research Service, capital gains and dividend tax loopholes are responsible for our nation's unequal income divide. Capital gains and investments used to be taxed like regular income, but they were lowered once in 1996, and again by the Bush tax cuts.
At least, 26 Republican-leaning states sure do. Despite over 30 attempts to repeal Obamacare, and Tenth-er arguments for social programs to be run by the states, 26 states haven't set up their insurance exchanges – leaving it up to the federal government.
Today, Alan Simpson and Erskine Bowles will put out a new deficit-reduction plan. The pair served on President Obama's fiscal commission in 2010, and presented a plan to avoid the so-called fiscal cliff – a plan that was so focused on austerity, that 350 economists co-wrote and published a letter rejecting it. And Simpson-Bowles are at it again.
Trying to accomplish the long list of goals he set for his second term. Just since his State of the Union speech, less than a week ago, he's already put forward a plan for universal preschool, called on Congress to vote on gun regulations, and now he's tackling immigration.
40 Republican Senators made history yesterday, and refused to allow Chuck Hagel's confirmation to come to a vote. Only four Republicans, Sens. Thad Cochran (R-MS), Sen. Susan Collins (R-ME), Lisa Murkowski (R-AK) and Mike Johanns (R-NE), voted to break the filibuster, and the final vote was 58 to 40.