What They're Saying About the Budget

As feared, President Obama has unveiled a budget that matches his philosophy.  Here's what pundits are saying around the web:

Lowry "It's a Keynesian blowout wrapped in an Eisenhower-era sensible Republican cloth coat."

Boehner “Just three days after talking to House Republicans about the importance of fiscal responsibility, President Obama is submitting another budget that spends too much, taxes too much, and borrows too much."

Walker (on the debt) "If we don't end up reforming our ways, federal taxes will have to double within the next 20 to 30 years, just to stop the bleeding."

Seib "The numbers are mind-numbing: a $1.6 trillion deficit this year, $1.3 trillion next year, $8.5 trillion for the next 10 years combined—and that assumes Congress enacts President Barack Obama's proposals to start bringing it down, and that the proposals work."

Seib "(America's debt) has become so large and persistent that it is time to start thinking of it as something else entirely: a national-security threat."

The New York Times "President Obama got his priorities mostly right in the new $3.8 trillion budget for the fiscal year 2011."

The Wall Street Journal "The budget that President Obama released yesterday for fiscal 2011 is one of the greatest spend-while-you-can documents in American history."

Limbaugh "They (Obama's team) are robbing the private sector.  They are defunding it, they are crippling it, taking over as many of the aspects of private sector market economics as they can, 25% of GDP is government, and government doesn't produce anything."

Krugman "The administration projects debt of 77.2 percent of GDP in 2020. Without the non-security discretionary spending freeze, this number would, by my reckoning, be 78.7 percent. But hey, the freeze is crucial to demonstrating fiscal responsibility …"

Obama "Sure, the government is borrowing a lot of money. But don't blame us -- blame George W. Bush."