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Obama signs No Budget, No Pay

Obama signs No Budget, No Pay

OBAMA SIGNS NO BUDGET, NO PAY: After passing in the House and the Senate, President Barack Obama has signed No Budget, No Pay into law. This is HUGE! Not only is it another step toward accountability in Washington, but it's also proof of what No Labels is capable of. In just a year our proposal has gone from a great idea to a great law -- and our "little engine that could" is still chugging: Donovan Slack for POLITICO: Obama signs debt-ceiling bill

NO BUDGET FROM PRESIDENT: The president is supposed to release his proposed budget on the first Monday of February. Yesterday marked the fourth time in five years that the administration has been late in releasing a budget to Congress. In addition, White House officials say that there is no timetable in place for Obama's budget being submitted. Our president has a responsibility, just like Congress, to submit a budget and he needs to fulfill that obligation: David Jackson for USA TODAY: WH: No Timetable on budget plan
MORE IMMIGRATION PLANS: After a group of senators released an immigration plan with across-the-aisle support, members in the House are doing the same. The group hopes to have the plan done by next week. The House Judiciary Committee is also having its first full committee hearing tomorrow on immigration, signaling that our leaders are taking immigration reform seriously. Hopefully they can arrive at a long-term solution: Sandra Lilley for NBC Latino: Bipartisan House group hopes to unveil immigration reform plan by next week
BREAKDOWN OF SPENDING CUTS: Not all spending cuts are created equal. Check out this graphic outlining what parts of the budget are vulnerable if the automatic spending cuts kick in: WSJ Staff for The Wall Street Journal: Sequester to Hurt Some States More Than Others
THE DAILY BREAK: Would you pay $55,000 for this backpack? Isabel Wilkinson for The Daily Beast: The $55,000 Backpack
ACTION OF THE DAY: Re-pin one of No Labels' images on Pinterest. If you don't have an account, click here to create one.
STAT OF THE DAY: South Dakota is the most vulnerable state to the automatic spending cuts with 10.3 percent of the state's revenue coming from federal grants. You can see the vulnerability of each state here: Pew States: The Impact of the Fiscal Cliff on the States: Sequestration

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