Budget: Today the fall out continues from President Obama’s $3.73 trillion budget for fiscal year 2012, released yesterday morning. Capitol Hill will be very busy, with hearings being held by the House Budget, House Ways and Means, CBC, Senate Budget, and Senate Finance committees..
An interesting take on the budget from WaPo’s Ezra Klein: Federal Govt = Large insurance conglomerate with a standing army.
Middle East: The Domino effect of protests continues around the Arab World and Iran. Uprisings in Iran, Bahrain, Yemen, and Algeria continue to take place. (Guardian: Iran protests see reinvigorated activists take to the streets in thousands)
Economy: Prices of consumer goods expected to rise this fall.. Get ready to spend more for food, clothing, and gadgets. (NYTimes: Companies Raise Prices as Commodity Costs Jump)
Burlusconi: An Italian judge has ordered Premier Silvio Berlusconi to stand trial on charges he paid for sex with a 17-year-old girl and then tried to cover it up. Judge Cristina Di Censo handed down the indictment Tuesday. The trial is set to begin April 6.
On The Daily Rundown: OMB Director Jack Lew joins from the White House to talk about Justin Bieber’s ringtone. Just kidding, he’ll talk about the President’s Budget released yesterday. The National Journal’s Major Garrett will come on to talk about the politics surrounding the budget too. Plus we’ll have the latest from the Middle East and the rest of the day’s headlines.