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First Word: Budget battles ahead

House Budget Committee Chairman Rep. Paul Ryan  speaks during a press conference at the U.S. Capitol in Washington, D.C. on Feb. 27, 2013 (Photo by Win McNamee/Getty Images)

House Budget Committee Chairman Rep. Paul Ryan speaks during a press conference at the U.S. Capitol in Washington, D.C. on Feb. 27, 2013 (Photo by Win McNamee/Getty Images)

Is it still possible to strike a grand bargain? President Obama plans to meet with lawmakers on Capitol Hill this week to keep negotiations alive. Meanwhile, House Republicans and Senate Democrats will also reveal their budgets. Previewing  his proposal, House Budget Committee Chair Paul Ryan said his version assumes the repeal of Obamacare.

Lawrence O’Donnell is back in The Last Word anchor chair at 10pm ET. Here’s a look at stories we’re following now: