Budget round up

Ugly and irresponsible.

• Keith Hennessey says that the new budget's real story is the increased spending.

• ABC News breaks down the various tax measures in the new budget, which add up to over $1 trillion in increases over the next ten years.

• The budget's depressing numbers come despite some very optimistic assumptions.

• Dan Mitchell highlights some bad news even among the limited good news.

• There are at least some hopeful signs some Democrats and Republicans agree on the need to scale back defense spending in order to get the deficit under control.

• Here's some praise from the political right for what is being described as a de facto partial privatization of one of NASA's key functions.

• Steve Chapman calls runaway spending a bipartisan problem.