1. Obama to propose $10-a-barrel oil tax
President Obama is proposing a $10-a-barrel tax on oil in a budget proposal to be unveiled next week. The White House said the tax would raise $20 billion a year for mass transit systems and clean energy technology. "The president's plan creates a clear incentive for private sector innovation to reduce our reliance on oil," the White House said. The fee could raise gas prices by 25 cents a gallon, and is considered unlikely to make it through the Republican-controlled Congress.
2. Shrekli declines to answer lawmakers' questions
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3. US adds 151,000 jobs in January, unemployment rate falls
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