Former U.S. Labor Secretary Robert Reich, a professor at the University of California, Berkeley, joins Current TV's John Fugelsang to discuss what's next for President Obama and the GOP now that the sequester has gone into effect. Reich argues that Republicans aren't opposed to the sequester because they're simply against raising taxes, but because they represent the wealthy.

"Republicans are saying no taxes on the rich, no closing of any loopholes at all. Mitt Romney's ... special privileges with regard to private equity and all of the other privileges that the rich have — we want to protect. And we want to protect even at the expense of schools and roads and bridges and women and infants and children programs, and everything else the public needs," Reich says.