Welcome to American austerity

Tonight’s 'Big Picture Rumble' panel discusses the sequester austerity cuts that will start going into effect at the end of the day, whether the Voting Rights Act will be struck down, and how Sherrod Brown and David Vitter are teaming up to break up the big banks. In tonight's 'Conversations with Great Minds,' Thom talks with author Susan Crawford about her new book, 'Captive Audience: The Telecom Industry & Monopoly Power in the New Gilded Age.' And in tonight’s 'Daily Take,' Thom explains how to know when to tax and when to spend.