Today the Congressional Budget Office predicted a $1.35 trillion deficit for this year- a slight improvement over last year- a day after the White House announced plans to ask Congress for a 3-year spending freeze on some domestic programs.   The freeze would result in spending reductions of about $10-15 billion in the coming fiscal year, or about 1% of the federal budget.  Critics say the plan is merely symbolic — the White House says it will help create a new atmosphere of fiscal discipline. What is the President is proposing, why, and will the real effects be? We speak with David Weidner, columnist for the Wall Street Journal and the Wall Street columnist for Market  Watch.

The average 6th and 7th grader sends 43 text messages a day, and some of them are to parents... in the other room. We speak with a father and daughter, Ian and Aiki Coxhead, about their texting; Ian feels it opens the door to better communication. And we hear from Aiki's pediatrician, Dr. Megan Moreno of the University of Wisconsin School of Medicine and Public Health.

Land for sale. Great location. Walk to the  Ocean. Year-round sun. Also home to separatist movement. And surrounded by unrest. Reporter Shahan Mufti saw the brochures which said Gwadar, Pakistan, might be the next Dubai. The Chinese were developing it into a massive port. Was it a good investment for a reporter looking for a house by the sea?  We speak with Mufti about his article on house hunting in Baluchistan in February's Harper's Magazine.

On Sunday, Richard Brautigan's groundbreaking 1967 novel "Trout Fishing In America" will be re-released to mark the iconic 1960's counterculture writer's 75th birthday.

Former poet laureate Billy Collins, who wrote the introduction to the re-release, explains why this book was so important.

• Fugazi, "Sweet 'n Low"
• Talking Heads, "This Must Be the Place"
• Medeski, Martin and Wood, "Bloody Oil"
• Christian McBride, "Brother Mister"
• Freddie Hubbard, "Little Sunflower"