First Word: Budget battles ahead

Is it still possible to strike a grand bargain?

House Budget Committee Chairman Rep. Paul Ryan speaks during a press conference at the U.S. Capitol in Washington, D.C. on Feb. 27, 2013
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Is it still possible to strike a grand bargain? President Obama plans to meet with lawmakers on Capitol Hill this week to keep negotiations alive. Meanwhile, House Republicans and Senate Democrats will also reveal their budgets. Previewing  his proposal, House Budget Committee Chair Paul Ryan said his version assumes the repeal of Obamacare.

Lawrence O'Donnell is back in The Last Word anchor chair at 10pm ET. Here's a look at stories we're following now: