McMorris Rodgers on U.S. Budget: Political Capital

March 1 (Bloomberg) -- U.S. Representative Cathy McMorris Rodgers, a House Republican leader, talks about automatic federal spending cuts set to kick in today and the outlook for budget negotiations. Bloomberg's Margaret Talev and Mike Tackett report on sequestration and White House and Republican strategies. Andrew Davis discusses Italy's national election. Commentators Kate O'Beirne and Margaret Carlson talk about Chuck Hagel's confirmation as U.S. defense secretary. (Source: Bloomberg)