>> '80s dancing too. wow. >> a lot of energy o on this set right now. and lots of news. in washington with movement on gun control, the federal budget and yes, immigration. it is like they picked one day to get all of the work done. there is a gun control deal focussing solely on expanding background checks while president obama rolled out his 2014 budget plan a few days late and 774 billion in debt. so we're going to start with gun can control. for that, nbc's louis grus ert is on capitol hill. how are you? >> hi, ari. how are you. >> what is happening here. >> there is an agreement between toomey and manchin on the idea of background checks to expand them to gun sales and internet deals. that is not part of existing law. that will close the gun show loophole. it is watered down to what gun control advocates wanted after

the shooting in newtown, connecticut. but as one democratic senator told me, let's not let the perfect get in the way of good. senator manchin, who has an nra rating, expressed the importance of bipartisan legislation. >> today's agreement is the first step in common ground that all of us agree is crucial. keeping guns out of dangerous hands and keeping our children safe. >> i don't consider background checks to be gun control. i think it is just common sense. if you pass a criminal background check, you you get to buy a gun. it's no problem. it is the people who fail a criminal or mental health background check that we don't want having guns. >> now, moving forward, ari, senator harry reid put the bill to the floor and it should be up for tomorrow. as far as when the actual vote on that, toomey/manchin amendment will occur, it is unclear because there may still be a filibuster from the 14 republican senators. interesting note, though, we

should say while this process is moving forward, all the names of gun violence who have died over the years will be read allowed by their families right here on capitol hill. sort of adding to the real poignant, i think, the poignant things we've seen the last few days were members of the newtown community as well as coming here to capitol hill to lobby their members in support of real substantive action. it is will be a fascinating next few weeks on capitol hill. as you know, ari, anything that comes out of the senate faces up hill battle with the house gop conference. very far from this being a done beale. >> thanks for that report, luke. >> take care. >> other big news today is of course the president's budget blueprint. it starts with president obama left things with jorge posada boehner at end of last year. in it, we saw 2-1 cuts to spending with $3.77 trillion price tag. and about a trillion bucks of that is discretionary spending. rest is for entitlement programs. for the first time ever,

president obama is formally outlining plans on how social security and medicare payments are calculated. this is what many critics are zeroing in on. i will have more on that on my rant coming up. but proposal also includes savings from cutting projected borrowing, enforcing the buffett rule, limits on certain itemized reductions, sequestration and lower taxes to fund preschool for low incan come children. the white house says job growth will be offset by higher taxes on the rich. here is how the president describes it. >> building new roads and bridges, educating our children from the youngest change. helping more families accord college. making sure that hard work pays. these are things that should not be partisan. they should not be controversial. we need to make them happen. my budget makes these investments to grow our economy, create jobs and does so without

adding a dime to our deficits. >> and now, a cycle first from athe lawn of the white house, president obama's assistant from economic policy gene sperling. gene is also from the economic national council and named obama's progressive voice of the economy by the republic. thanks for joining us today. >> thanks for having us. >> absolutely. i want to talk with where the talk has been. the notion this budget from the president is some kind of middle ground, yet at the same time, what does it say about the president's policy priority especially jobs? >> well, what this budget shows is the president believes this has to reflect your economic strategy and that has to be a strategy that as i say hits the sweet spot for jobs and growth. and that means that you have to be able to merge together in one strategy, yes a plan to show we will teal with our long-term fiscal challenges. but also you make room to invest in our core competitiveness and that you have smart investments

that make sure that we're accelerating this recovery and creating jobs. that's what this budget does. it does include things that could jump-start jobs right now. first thing, is to get -- is to replace the sequester which is probably costing us 500 to $700,000 jobs this year but also have smart investments in infrastructure, training and giving small business tax incentives to hire. when you do those type of things, alone they may not have the best -- the full impact worried about long-term deficit. when you do is as part after large larger deficit, you get the boast of both worlds. confidence the president has the ability to energize and strengthen the economy and o deal with the long-term fiscal challenge in way that gives the president conference and is still the place to invest and create long-term jobs. >> senior administration officials say this budget is an starting point in the negotiations, that the plan is

to stick with this. meanwhile, republicans as you know, have been reacting, actually preemtively reacting from the details were released. let's take a listen to a little bit of what speaker john boehner had to say. >> while the president has back tracked on some of his entitlement reforms that were in conversations that we had a year and a half ago, he does deserve some credit for incremental entitlement reforms. it is outlined in his budget. but i would hope he would not hold hostage these modest reforms for his demand for bigger tax hikes. president got his tax hikes in january. we don't need to be raising taxes on the american people. >> so if republicans basically rule out any new revenue at all, what happens then? >> well, i that i would be highly unfortunate. look, the president did keep his offer to keep speaker boehner on the table. you're right. this is not a starting point.

in fact i think we were this close to an agreement in december and the president is staying right where he was. that shows he is really come more than half way and is willing to keep that offer on the table, even though it is not his ideal proposal. but the idea is to find that compromise where everybody gives a little. but we can move our country forward and help create jobs and get this recovery moving. i think it's -- i think it is the case that the president has met, when i say met their demand, more than half way. one of the things the speaker thought was most important was to accept their view that we should have this adjustment to the cpi and that we would do some means testing for higher income medicare recipient. the president does both in this budget as part of compromise. it is more than half way. i think it creates a frame for us to move forward, if there is that desire. tonight the president will meet with 12 republicans privately

over dinner to talk about these issues. and the president will look everyday for that caucus of common sense to help move our country forward. >> are you hopeful then that rips will move on revenue? >> well, you know, think of it this way. all we're asking is for tax reform that would raise revenue by closing loop holes and reducing tax expenditures. that is just what speaker boehner had been talking about in november and december. he had been willing to put a trillion dollars of revenues for deficit reduction from that type of tax reform. so i don't understand how anyone would consider it unreasonable to still keep that type of revenue reform that helps us lower the deficit as part of an overall package particularly one that is taking very significant steps in a sensible way it deal with our long-term entitlement challenge. >> gene, let's talk about items on the chopping block. there's $400 billion in cuts to

medicare over the next ten years. there's cuts to a grant for preventative health services and it cuts a program that helps low income people about pay their energy bills with the administration called difficult trade-offs. along with cpi, i'm wondering what kind of back lack you are prepared for or expecting from some of your members on the left. >> i think when people look at our overall budget, they will see that it does make some very difficult choices. but there's no question that it is a budget that invests in the american people, that has lattelatte ladders for lower income americans to move up. this is for universal preschool. this is a proposal that also invests in infrastructure, in doubling the opportunities for intensive reemployment training for people who have been out of work, for extending tax cut, for the most hard pressed family. so yes, they make tough fiscal

choices and yes, in the effort to get a compromise he is doing things that he does not think are ideal it reach an agreement. when you look at overall construct of this budget, it is one that is very much invest in working families, invest in lower income families moving up the ladder and fund meantmentam protecting medicare and reject the vouchers or premium support you've seen the republicans call for in the ryan budget and over the campaign in 2012. >> gene, when you talk about universal preschool education, i love the sound of that. you talk about raising syntaxes. raising taxes on tobacco, to get there. is that enough and what do you think about adding to that, maybe also raising taxes on alcohol to cover the full amount of that. >> well, you know, what

president did is put out a visionary proposal that i believe all of us as a country should believe in. the president feels so strongly about the core prance mainciplef you work hard in our country you should not have to raise your children in poverty. with accident of your birth, the child should still have the opportunity to make the best of their lives and when we fail to invest in quality preschool, we stack the decks against the 5-year-old simply because of where and who they are born to. the president put together a package that would help deal with those families and offer opportunities for middle class families to get quality preschool and to show seriously, he put forward a very specific pay-for, to show states who are willing to take up this challenge, that that funding would be there if they are willing to do the difficult reforms that they need to make sure all their children have

quality preschool education. >> gene sperling, thank you for joining us today. >> thank you for having us. >> absolutely. up next, back to some of big developments on gun control plus thousands val rallying right now in the support of immigration reform. one senator says we are there on a deal. it's a busy and beautiful summary day in washington. we have all the angles covered. and throughout the hour, yes, some of the best '80s jams to get you back in the mood for that flash back conversation we promised. it's all dumbing up as the cycle rolls on. the humble back seat.

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developing news right now as we first told you at the top of the show, pat toomey and joe manchin talk about their bipartisan deal on gun control this morning. there would be background chebs at stores and gun shows but not affect personal transfers between family and friends. >> you have to do all background checks and it has to be recorded with a ffl, a federal firearms licensed dealer. the same at a gun store. that's a licensed dealer. if you go on-line, the same. >> the fact is the national law we have had and pennsylvania's experience have done nothing to restrength the lawful ownership of guns by law-abiding citizens and neither will our amendment. >> while both manchin toomey

mentioned the nr was in the room, they quickly released a statement condemning the measure. quote, expanding background checks at gun shows will not prevent the next shooting will not involve violent crime and will not keep our kids safe in schools. we bring you manu, our congressional reporter. >> let me set the political stage for us if you will. republicans like pat toomey are trying to frame his proposal as no big deal. as you heard, you just talked about background checks being gun control legislation. and democrats making it sound like it is a really big deal. let's play sound of folks on both sides talking about this. >> i could not possibly disagree more with my friend ken's assessment of the situation. because he is seeing the glass as we less than half full and i'm seeing it as in fact just as full as could have reasonably

been hoped from the start of this. >> i don't consider criminal background checks to be criminal. >> so already on the wall here, both sides are steaking out their positions to brace for 2014 when maybe the right wing is angry that republicans did too much and left wing is angry the democrats did too little. who is set up here for the best sell? >> i think that depend on who you ask. i think lot of republicans who are nervous about going all the way to defeat this measure, not give it a chance. it is a s a chance on the senate floor. republicans are certainly nervous and divided over this issue. this measure right now, the way it is construct said a 5 bipartisan compromise. you will have folks on the right upset and folks on the left who don't think it has gone long enough. thinking no gun control legislation add chance to get

through. if this gets through, even if it is scaled back, at least it is something they can point to. but still, chances are far from assured. i think politics will have to work o itself out in the next few months. >> monu, i'm not thrilled with where this is. if we don't have teeth, if we don't charge people of perjury in a background check, which is law, if we don't do that, then it is not fully going to matter. is there anything more coming perhaps to strengthen the atf so they have the manpower to put teeth in this thing. >> i think you will have amepdment like this on the senate floor. there will be a real serious effort to try to prevent it moving forward right or moving further left. they know that the only thing that can get through is a delicate compromise as imperfect as it may be to some folks that

this is really the only way they can get anything through. of course it leaves out our private sales, those are not part of -- covered by the background checks. but proposals say at least we are broadening out the background check system to include internet sales, close ought gun show lop hole. you will see those effort play out in the senate floor to change it. i wouldn't put stock into that because i don't think they will pass. >> when you look at the table with policy, it is concerning to people. a lot of this isn't gun regulation. we are talking about access, not changing the actual guns that are used in these massacres. on the other hand, you have the first lady, michelle obama talking about joining in this conversation tomorrow. something she rarely does on domestic politics, really. you have two nra approved members leading the charge. so is this sort of a floor where you think we could have more of a break in the coming weeks? or is this all we're going to get? >> i think this is all we're going to get. it was really hard it even get

to this point. and i think what you are going to see play out in the senate floor of the next few weeks is a lot of theatrics. pretty hard for democrats and proponent to move quickly through this legislation. you are going to see opponent really put up a lot of roadblocks. even to get to some of the final vote on this measure. people who feel this is restricting gun right. people that are siding with the nra, which is opposing this measure. so i don't think you can really expect a whole lot else added to this measure and i don't even know you could count on this bill, getting through the house, presuming it passes the senate. >> and manu, speak to that. we talk about that a lot about the house, toomey, manchin and reid. what is going on in the house. >> the house is careful about how they discuss this. they say, they will wait until the senate peace the bill. i think you will see it go through so-called regular order. being considered in the committee process. rather than moving straight to

the house floor. it is tricky politics for john boehner. this could be a measure that's popular if people do support expanded background checks. president gets on the campaign trail and starts stumping for this measure that could put republicans in a tough spot. republicans are fill very weary. folks from conservative districts. i think the pros speblgpects ar uncertain. the one big thing is the margin that passed the senate. and the majority that put more on the house to do something on this measure. >> all right, thanks so much. >> thank you. >> trait ahead, immigration rallies in washington as we speak. we could be on the eve of a deal. oh, he's a fighter alright.

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the gang of eight senators working on an immigration bill could release their plan. one of them, menendez, told our o own chuck todd this morning that yes, they've got a deal. >> all of the major issues on a pathway to legalization, on border security, future flow of workers, on ag jobs, on dream act, all of those have largely been agreed to. >> and in a rare move it looks like congress could be fast-tracking a bill to the president's desk. back on the show in the guest spot is a fellow at center for politics at lbj school of public policy. thanks for being here. >> thanks, ari. >> absolutely. what we are seeing here are statement and outlines but from what we know, do you think this is a truly meaningful comprehensive immigration plan? >> i do think it is.

it is something that is the culmination of years, over a decade's worth of work. for just a second, how did we get to this point where bob menendez says we have a plan we will put out tp p all started with george w. bush to, surprisingly enough, a republican president in 2000 when he was's elected, he said i will make immigration a priority in my administration. but then 9/11 happened and it was put on the back burner. for reelection, he said, let me bring that back up. we saw him working with ted kennedy and mccain. we saw movement and republican backlash. so again, immigration reform is put on the back burner. what we are seeing is the third time. i like to think of it as the third time is the charge. we saw it in 2000, 2005, 2006, and now the culmination of it. in all of these fits and starts, the senate leaders learned from past mistakes. in 2007, labor and business not

being able to come to terms derailed it. we saw a cup wecouple weekend a, we saw a visa pack that works for both of them. >> victoria, as we have been saying, the gang of eight appears in the senate they are close to a deal. the house is taking a bit after different approach, more after piecemeal approach. where are they in all of this? >> the theories i've been hearing floating around is they will indeed take a piecemeal approach in order to protect the members, the members that are a hom home genius comprehensive bill. they can vote against some others and maybe abstain and maybe at conference committee see more after comprehensive look to that bill. of course, ultimately it has to be voted up or down but in the short term i'm optimistic the house leadership isn't attacking it from a different way from the

senate. >> folks i talked to on the hill have said that hold up on this proposal is over the high-tech visas. beth sides want them. obama is for them. both sides want it raise the caps so that we allow more high-tech visas to be allocated. but democrat don't want to move on the so-called diversity visas. about 55,000 visas awarded by lottery to immigrant it countries underrepresented. is that sort of presenting us with a false choice between high-tech workers and immigrants from exotic countries and is that really the way we want to be approaching immigration? >> the issue of diversity obsta. the other one is about cutting back and letting family reunification visas remain. that's a really good point in terms of are we talking about just a pie and that we can only carve it up in so many ways or should we make the pie bigger and say, you know what, let's

add on these extra diversity visas with the high-tech visas and family reunification visas and we don't have to counter balance them. and we see in the house, do we put a cap on visas or just let it grow? >> victoria, i will take out to interception of linguistics and politics. the term illegal immigrant, the ap banned that term. and in nation where hate crime violence is rising, shoorparply the rising hispanic population, i think to you have to be careful about calling people illegal. what do you think of it. >> this is a theme near and dear to my heart. going back to wonky nerdy stuff.

with the psychology of our emotion, our rhetoric frames our reality and the frames the way we behalf politically. when we turn people illegal it changes our whole reference. there is a practical part we have seen in studies that how you call a person reflects how somebody will respond to that person. aside from the kind of scientific part of it is the fact that a human being cannot be illegal. they may commit something that is an illegal act but the person themselves is not illegal and i think that is the core of the issue. and calling the label illegal. >> victoria, thank you for being with us. >> thank you. >> causing controversy, we will back spin on the new brad paisley ll cool j accidental racist. first, a little prince for toure

to take us out of the break. because that's how we roll. sorry. sore knee.

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how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. country star brad paisley and rapper ll cool j might be an unlikely pair but today the duo is standing together in defense of their new song accidental racist. they say it is about tackling stereo tiepts and modern race relations, not getting publicity. you be the judge. >> oh, no, don't play it ♪ ♪ ♪ ♪ ♪ >> it's so bad. >> really bad.

>> the song, which is off paisley's newest album, wheel house, struck a cord with those who love it. and those less -- salon.com tweeting ate a contender for the worst song of all time and tmz calling it so awful, it's a hate crime. and now the back spin, let me say out front, i love brad paisley. i have played brad paisley's song on this show before because i like them and i'm a huge brad paisley fan. i hate this song. who of the artists from their genre have gotten together. this is not tupac and toby keith bringing social views of commentary together. these are two guys that are pg, fun, upbeat, smiley, happy.

so in that sense, of course they will be criticized for seemingly taking race relations not seriously enough. or trivializing this. but i also love the idea that even if in a small way they are bridging two musical genres together and also in maybe a small invisible way, taking a whiff at race relations. i can appreciate the attempt. i really can. and these or two guys that i find very likeable. brad paisley is not some lunatic. he has performed for the obamas at the white house twice. he wrote a song celebrating obama. >> about the future. >> right. so i like these guys. i like the effort maybe. >> i'm not giving out any good grades it is a horrible song and moving aside from the

aestheticaesthetics which you know somebody may like the sound of it. i hate it. brad paisley cannot say, well i'm wearing this confederate flag shirt but ignore the dominant meaning behind the confederate flag and we are talking about slavery and confederacy and being a separate nation, and white supremacy, ignore that. i'm just talking about skinnard, man. >> no wp. you have the first amendment right to wear it but you are making me very uncomfortable. how deep is your nostalgia for the previous time go. it would be easy for me to spend my time beating up on brad paisley eat white guilt. but i don't want to do that. i want it go to ll. his verse is fine when he talks about -- o or he feels sea new django, dealing with white hoods.

that's a solid line. i feel like we don't know where the racism is coming from always. but then he says, if you forgive my gold chains, i'll forget the iron chains. completely false choice, if you don't judge me because i'm wearing a chain. i'll forget about slavery which continues to have an impact on this country, racial and income inequality, incarceration trends. no, i'm not going to for get. and i don't want to talk about it everyday and make an excuse because it is not an excuse, it is the reason why things are the way they are. but i'm not going to forget it. what are you talking about. >> what ll cool j said on the "today" show, i'm quoting, forget the slavery, forget the bitterness, get better. >> what are you talking about. >> i watched the cultural reaction with fwraet interest. i have not been this bugged out

by ll since he ate that peach in the doin it, doin it well video. remember he had that peach. krystal remembers that well. >> do you remember that? then you need to calm down. this is so sad and so offensive and there is the desire, and i think you're saying s. e. cupp, that people want it feel, which i can't get down with, is can we give thep the a for effort and we should try to bridge these cultural differences and have these conversations. so you feel bad about beating up on someone who tries to take a risk. they take a risk and failed miserableably. just to echo the important point toure made, we don't bridge anything when we minimize the history of institutional racism and slavery in this country. ll has his freedom of speech. but i cannot understand for the life of me that he can go along with a statement that said, you

don't like my fashion, you don't like my do rag so i will balance out the do rag with 400 years of slavery and crimes of humanity. >> they are not the same. >> it is not a good dal balance. i don't need to tell ll that. that is not my job. my job is to eat the peach. and remind you of the low point of ll's career. one being stylistic and one being substance. i will pass the mic to krystal on the peach. >> i don't know what to do with the peach. but i think the problem you're getting to, is that it feels less like a valiant effort and more like a cautionary tale. >> yes. >> the best commentary asaw on this is from alan pike at think progress wrote a blog there and he said this is the american's election of pop culture racial healing. they each want to know that we're cool, right, bro, without actually engaging the ugly substance and legacy of american history. and you can k substitute in, no labels or a third way or whatever you want to.

>> or false equivalency. >> that feels like the real problem in washington is we just need to change the tone, guyes. when there are real issues there that you need to address. >> i imagine some of brad paisley's fans will forgive him for this or forget. this could be a career moment for ll. >> oh, let me tell you something. >> are we sure this isn't satire. >> snl. >> this is something that hip-hop has different from other genres. authenticity is everything. ll was not that real to bin with. just pause and reflect on that. but this moment for ll cool j i think is basically the end. basically the end. >> wow. we'll have to check back and see if your predepredictions about future -- up next, music, politics, fanny packs. we go back to the '80s. we will have a sneak preview

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>> i am your father. >> they're here. >> i'll be back. >> the '80s aren't back, they never left. we is arnold schwarzenegger, prince, madonna, simpson's. cable tv started in the '80s. they gave us hip-hop and the high top fade. >> i'm still thinking about getting one of those. >> the end of the cold war, aids and crack. even though some don't like the '80s, i love the no, sir stalla so i'm looking forward to the '80s, the deck they'd made us on nat geo. also featured throughout the series, welcome to our favorite segment of the day, david. >> thanks very much. and thanks to you, toure, about your book in part about the

'80s. right, toure knowets about the '80s. >> good man. we will have you back, sir. i'm happy no that. >> so it is amazing to be living in this world today where we are drenched in technology to look back to the '80s and think about, oh, yeah, me and my sister in the '80s. preinternet and yet deeply impacted by technology from the rise of cable, rise of the vcr. the beginning of personal computers, video games and let me play a little side -- >> the walkman, home entertainment can follow you anywhere. >> the '80s is in regard it individualism. because now your music can be your music. the person sitting next to you on the bus can have their own music and you were lost in your own word. >> we had the walkman. we had tron. back to the future. it was an era totally inspired by technology. wasn't it? >> it absolutely was. here is to connect the greed is good idea to the technological

eye idea, one thing about technology that came out of the '80s that is with us today, it is teblg knotechnology with the with the me. cell phone, personal computer, walkman where you're in your own musical world. i think that's no coincidence. in the '80s we warted started t as in the i, am important and technology associates to that. >> we had president reagan which influenced economic policy. reagan omices from then and now. are we seeing ronald reagan and his policies. >> i sure hope to, krystal. that one of the points of my book and what i say in the national gr nation national geographic, is we are telling ourselves the same story

we did the '80s. and i think the epic struggles right now in our politics are effectively a struggle between a lot of folks who are saying '80s are outdated. and a lot of other folks who sat to continue with what we started in the 1980s. for instance, reaganomics. >> interestingly if the presidential election were held today, david, 58% say they'd vote for reagan over obama. i'm not sure we all don't want the '80s to stick around. but we forgot to put krystal's picture up, i'm noticing. >> note the jelly shoes. >> it is that good. >> look at the floor. >> got it all. >> who's that? >> there's me! that's s.e. >> i would also like to point out krystal and i are dressed in yellow. that's as far as that goes. you either got it or you don't. let's talk about the pop culture, though, david. my moment from the '80s was sitting in a classroom watching

"the challenger" happen. not understanding it. it happened in realtime. i'm sure a lot of people my age have that same memory. you talk about miracle on ice. the fall of the berlin wall. mtv. synthesize how all that helped shape the nation during that decade. >> i think you're right. if i had to name one moment i would name that challenger explosion as a moment that symbolizes the 1980s for me. i think in the 1980s we were struggling as a country to in many ways feel proud of ourselves again. i think that a lot of those -- a lot of those examples you laid out became examples in our politics and our culture where we used them to feel better about ourselves as a country. i would say i think it's been taken to an extreme now where patriotism has become something to club your political opponent with. and i think that comes out of the '80s as well. certainly there was this turnaround from the post-vietnam war era into the modern era that was a lot about self-identity and trying to find pride in ourselves. >> david, on the culture and fashions, a lot of people tend to look back at the '80s with

nostalgia. but also -- >> that's ari? >> that's not ari. >> that's not a picture of me. >> that's michael j. fox. >> let's let the moment pass. i think people look back at the '80s with nostalgia but also some remorse. and they feel like it was a corny period. especially with clothing. is that fair? >> i think that's absolutely fair. the national geographic did a nationwide poll and asking people about the styles of the '80s. things like shoulder pads and the mullet led the way on things that americans say should never, ever come back. >> both great. what are you talking about? >> you know the thing people want to come back? leg warmers. >> utilitarian. >> i want hyper color t-shirts. >> nice. >> thanks, brother. david sirota, thank you very much. >> thanks, guys. appreciate it. there's so much to remember or forget about the '80s. what do you remember most from that decade? our facebook fans' memories range from hair wolf to 18 to

knight rider to duran duran. of course, the amazing movie "the breakfast club." like us on the facebook and join our '80s throwback. up next, straight talk on social security as ari cuts through the double talk and gives us the lowdown on what's really going to happen to our money. you can't touch it. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks.

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president obama proposed a new budget today. he outlined investigationments and education and infrastructure along with new ways to cut tax loop homes. it's a decent budget that tries to meet republicans halfway.

there's a big problem. today obama became the first democratic president to back social security cuts in a formal budget. he doesn't call them cuts. social security's way too popular and effective for that. so obama's budget cuts social security by changing the formula used for calculating benefits. and it raises middle class taxes in the process. in d.c. they call it chained cpi. as "the washington post" reported, though, chained cpi is just jargon that refers to two practical results. seniors receive less social security benefits in the future and many are pushed into higher tax brackets. now, we could go into details about how it all works. but that's what they want. the austerity crowd wants us to get into the weeds and get bored and talk about anything other than the real issue. a cut in the deal citizens made with their government when they paid into social security all their lives. that is what we should focus on. after the depression, fdr enacted social security as an independent program. it was funded through an independent account. not the general treasury in

order to protect it from all the short-term budget battles. that makes sense. you can't really maintain a 40-year retirement program within the four year political cycles. now critics of social security are using that simple accounting mechanism to argue that social security is, quote, going bankrupt. this is misleading in two fundamental ways. first, the independent account is solvent for another 25 years. more to the point, it can be solvent for as long as we want to fund it. fdr created an independent account as a floor to protect social security. it's not a ceiling. we can always add to the fund from the general treasury or we could apply social security taxes to millionaires who pay social security taxes currently on less than 10% of their income. or we could apply the revenues from one of those loopholes cited in obama's budget today and put that cash towards social security. my point is, we have a lot of options if we want to make good on our deal for today's seniors rather than cut the 460 bucks most of them get each week.

so let's put aside once and for all the euphemisms of chained cpi and this disingenuous talk about solvency. i think the new yorker summed it all up best when the magazine explained that the only reason politicians focus on the program's solvency is because it makes cutting entitlements seem inevitable rather than a political choice. well, budgets are always about political choices. and pretending otherwise is no way to start this debate. that does it for "the cycle." martin, it's all yours. >> thanks so much, ari. good afternoon. it's wednesday, april 10th. and you have to walk before you can run. so let's celebrate a deal on guns, but ask, does it go far enough? >> we have an agreement on an amendment to prevent criminals and the mentally ill from getting firearms. >> i don't consider criminal background checks to be gun control. i th