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Barack Obama has presented a $4tn budget proposal to Congress with significant tax rises, primarily on firms and the wealthy. But will the Republican-controlled Congress approve the proposals? We get reaction from both sides of the political divide.

We also hear from the Spanish anti-austerity party Podemos. Pablo Bustinduy tells us how they're looking to the success of Syriza in Greece for inspiration on turning anti-austerity protests into votes.

Plus, strumming in to the big time: Tony Bonsignore reports on why sales of the ukulele are soaring.

And our regular commentator Lucy Kellaway muses on the merits, or otherwise, of being a middle manager.