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The Early Word: Out of Luck

Today’s Times

  • While Congress granted sequestration reprieves to certain federal programs, some are struggling and others appear to be out of luck, Jonathan Weisman reports.
  • In the first of three commencement addresses he will deliver this year, President Obama told graduates at Ohio State University to ignore antigovernment arguments that “gum up the works,” and said he was optimistic about young people’s opportunities, Jackie Calmes reports.
  • Republican senators are likely to be interested in the reputation of Penny Pritzker, the commerce secretary nominee, as her family was innovative in the use of offshore trusts and foreign bank secrecy laws to shelter their wealth from income, capital gains and inheritance taxes, Charlie Savage writes.

Happenings in Washington

  • Vice President Joseph R. Biden Jr. will meet with members of the faith community in the White House to discuss gun safety.