Today is President Obama’s FY 2013 budget roll out day. This last budget was unanimously defeated by the Senate last year and we should expect a similar result this year. According to news reports, the $3.8 trillion budget will contain about $1.4 trillion in higher taxes.
The House and Senate will take up a bloated highway bills. The Senate will take up a judicial nomination to the 11th Circuit Court of Appeals and we shall see if Senate Republicans put up any fight. Don’t hold your breath.

Victoria Coates
Daniel Horowitz