Krauthammer's take on Obama's budget address: ‘I thought it was a disgrace’  —  It's been just a few hours since President Barack Obama has finished his budget address at George Washington University in Washington, D.C. and there already been significant pushback from the right.

FACT SHEET: The President's Framework for Shared Prosperity and Shared Fiscal Responsibility  —  The President believes that we need a comprehensive, pro-growth economic strategy that invests in winning the future, lays the foundation for strong private-sector job growth and ensures …

The Budget Speech  —  Style: I liked the way Obama made a case for government at the beginning.  I liked the way he accused Republicans of pessimism, of abandoning a hopeful vision of America.  Good that he went after the Ryan plan — and good that he went after the cruelty of that plan.

Strike One  —  We initially supported the deal House Speaker John Boehner cut with the White House to cut $38.5 billion from the rest of the fiscal year 2011 budget.  It was only a pittance in the context of all of Washington's red ink, but it seemed an acceptable start, even if we assumed it would be imperfect in its details.

CBO Says Budget Deal Will Cut Spending by Only $352 Million  —  Rep. Harold Rogers, R-Ky., chairman of the House Appropriations Committee, has boasted that the spending deal provided the biggest budget cuts in history.  —  A Congressional Budget Office analysis of the fiscal 2011 spending deal …