It's settled. When the pontiff steps down Thursday, he'll still be known as Benedict XVI and have the title of "pope emeritus." In public, he'll wear an understated white cassock and stylish brown shoes from Mexico.

Transcript

MICHEL MARTIN, HOST:

And now we turn to a political stalemate that seems to be turning into a crisis. We've been talking about the across-the-board cuts to the federal budget that seem more and more likely to go into effect this Friday because Congress and the White House have not agreed on a deficit reduction plan. It's being called sequestration.

Edward Blum isn't a lawyer, and he doesn't play one on TV.

But he has been the driving force behind two race-related cases before the U.S. Supreme Court this term, including one that justices will hear Wednesday that seeks to roll back a key section of the 1965 Voting Rights Act.

The other, Fisher v. University of Texas, which challenges the use of race and ethnicity in public college and university admissions policies, was heard by the court in October and awaits its decision.

Groovy.  Aired Feb. 26, 2013.

Nearly $152,000 has been donated online to help Billy Ray Harris, a homeless man in Kansas City who returned an engagement ring to the woman who accidentally left it in a cup he uses to collect change.

Here's his good news story:

Today's economic indicators all point up:

"Another blizzard bore down on the nation's midsection early Tuesday after lashing the Texas Panhandle with hurricane-force winds, closing highways and cutting power to thousands in Texas, Oklahoma and Kansas," The Associated Press writes. It adds that "at least two people were killed in the storm, and Midwesterners still digging out from last week's deep snowpack braced for more."

Scientists from Colombia believe they have pinpointed the origin of the giant meteor that smashed into a remote region of Russia earlier this month, injuring more than 1,000 people.

As Friday's deadline approaches, we're pointing to stories that should help everyone get ready for "the sequester" — the $85 billion worth of across-the-board cuts in federal spending that would begin to kick in that day if lawmakers don't strike some sort of deal before then. (We won't call them "must-reads" because we'd never want to tell anyone that they "must" read anything about this subject. Let's refer to them as "should-reads.")

First, consider this: