BUDGET PROCESS EXPLAINED: This week, President Barack Obama released his budget for the 2015 fiscal year. This marks the beginning of the budget cycle, which can be a tedious, arcane and bureaucratic process. With the help of Frank Underwood and other characters on House of Cards, we've put together a friendly tutorial to help shed some light on how the budget cycle is supposed to work. Check it out.
UNEMPLOYMENT BENEFITS: “A group of deal-seeking Republicans introduced legislation Thursday evening that would extend expired unemployment benefits for five months, serving as a counteroffer to a Democratic bill that revives long-term jobless aid for six months, GOP Senate sources said,” writes Burgess Everett. Lawmakers should come to the table and create shared goals: Burgess Everett for POLITICO: Senate unemployment debate returns
IMPROVING JOB MARKET: “The number of Americans filing new claims for unemployment benefits fell last week to the lowest level since November, a sign of improvement for a labor market grappling with unusually cold and stormy weather,” writes Jonathan House. The initial claims for jobless benefits fell 26,000 to a seasonally adjusted 323,000 during the week that ended March 1: Jonathan House for The Wall Street Journal: Jobless Claims Show Sign of Improvement in Labor Market
NO LABELS RADIO: Start your weekend with No Labels Radio! Gov. Jon Huntsman will speak with Ambassador Thomas Pickering and Jennifer Duffy from The Cook Political Report at 10 a.m., Eastern time, Saturday on SiriusXM's P.O.T.U.S (channel 124). Tweet with us using #NoLabelsRadio!
THE DAILY BREAK: The world's oldest cheese was found buried with a Chinese mummy. This is nacho average tomb.
ACTION OF THE DAY: Join the #HowWeFixIt campaign in support of a new governing vision based on shared goals.
STAT OF THE DAY: The economy added 175,000 jobs in February and the unemployment rate rose slightly to 6.7 percent: Vicki Needham for The Hill: Economy adds 175K jobs in February