10 things you need to know today: February 28, 2013

The pope is set to exit, Rosa Parks statue unveiled in Washington, and more in our roundup of the stories that are making news and driving opinion

The nine-foot bronze statue makes the civil rights icon the first black woman honored with a full-length statue in the Capitol.
(Image credit: Win McNamee/Getty Images)

1. SENATE POISED FOR FINAL SEQUESTER VOTES BEFORE DEADLINE

The Senate is scheduled to vote Thursday on dueling proposals to prevent painful across-the-board spending cuts from kicking in on Friday. Democrats are pushing a bill that would replace the automatic cuts, known as the sequester, with a combination of spending cuts and a minimum 30 percent tax on millionaires, while Republicans are proposing the same $85 billion in spending cuts for 2013, but putting the burden on President Obama to decide what gets cut. Neither side, however, is expected to be able to muster the 60 votes they'll need to avoid a filibuster and get a bill passed. With little hope for a bipartisan deal, the Office of Management and Budget is preparing to put the cuts in motion on the March 1 deadline. [USA Today]

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.