A group of senators released a bipartisan immigration proposal on Sunday. The $118 billion package would give the president far-reaching powers to clamp down on unlawful border crossings, including the authority to turn away migrants without allowing them to request asylum when numbers surge. CBS News’ Nikole Killion has more. Source

President Biden spent the weekend in the West, raising money and campaigning for Tuesday’s Nevada presidential primary. On Friday, he ordered the first round of airstrikes in Iraq and Syria, in retaliation for last week’s drone attack in Jordan that killed three U.S. Army Reserve soldiers. CBS News’ Ed O’Keefe is with the president in Las Vegas. Source

In a significant boost to the job market, the U.S. economy added 353,000 jobs in January, nearly twice what economists had forecasted. CBS News business analyst Jill Schlesinger breaks down the importance of these numbers. Source

Boeing’s CEO said improperly drilled holes were discovered in fuselages being built by Spirit AeroSystems. Source

Star Comes Out accused Kristi Noem of trying to use the border issue to help get Donald Trump re-elected and boost her chances of becoming his running mate. Source

Meta’s Oversight Board said the edited video can remain, but it criticized the company’s policy on manipulated media as “incoherent and confusing.” Source

Americans are embracing viral trends like “loud budgeting” and the “100 envelope” challenge as a way to save money. Source

The toll was almost sure to keep rising. Chile’s president and a governor said they think some of the blazes could have been started on purpose. Source

“All I want to do is keep being able to do this,” Taylor Swift said as she accepted her record-breaking fourth Grammy Award for Album of the Year. Source

Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country’s banks and more. Scott Pelley reports. Source