The Early Word: Risk - NYTimes.com April 5, 2013, 6:00 am The Early Word: Risk In Today's Times: In a politically risky move, President Obama will present a budget next week that proposes cutting some entitlement programs in line with the compromise he offered to Speaker John A. Boehner during negotiations last year, Jackie Calmes reports. Long a reliable source of funding for tough campaign battles, Senator Charles E. Schumer of New York has taken on a less combative role as an important emissary for the Democrats, building legislative bridges through his connections with Republicans and the White House, Jeremy W. Peters reports. Administration officials and some members of Congress have rushed to show solidarity with federal employees suffering from the across-the-board spending cuts known as the sequester, announcing they will voluntarily take pay cuts, Jeremy W. Peters reports. Mr. Obama described the difficult politics confronting him on the environment to donors on Wednesday, appearing to lean toward approving the Keystone XL pipeline, Michael D. Shear reports. Washington Happenings: Mr. Obama and Vice President Joseph R. Biden Jr. will speak at the annual Easter Prayer Breakfast at the White House on Friday. The Labor Department releases its March jobs numbers on Friday at 8:30 a.m.