Lawmakers Read Constitution As President Shuffles Staff

And on the second day of Republican rule, the House reads the Constitution. The GOP made strict adherence to the 4,543-word document a key tenet of their effort to reduce the size and scope of the federal government, and volunteers are giving voice to the seven articles and 27 amendments.

Also today, the House will take up its first spending cut measure, a proposed five percent trim in the budgets of leadership, rank-and-file members and committee offices. Republicans have estimated that this will save $35 million over the next nine months. Meanwhile, President Obama begins to remake his staff to prepare for the next two years of governing with Republicans in charge of the House. Jay Newton-Small of Time Magazine joins us with the latest.