Obama's 2014 Budget Proposal

This week President Obama is set to release his 2014 budget, proposing sweeping cuts to Social Security and Medicare, and fewer tax hikes. The new budget will reportedly include parts of the compromise offer that Obama made to House Speaker John Boehner in December. We talk about what’s in the proposed budget, which is already getting a negative reception from Congressional Republicans, as well as from some liberals. We’ll also discuss how the budget relates to the across-the-board cuts known as “the sequester.”