Senator Patty Murray, the Democratic chair of the Senate Budget Committee, finally released a budget today. Year over year, in this proposed budget, spending jumps dramatically.
For instance, from this year's budget to next year's proposed budget, spending would increase by $162 billion. This year, the federal government will spend $3.599 trillion; under Murray's budget, the federal government would be on track to spend even more.
Over the next decade, spending under Murray's budget would increase by 62 percent. Here's a chart from the Republican side of the Senate Budget Committee detailing the increase in spending over the next decade:
As the chart shows, the budget would increase a bit each year, under the Democratic plan.
"Murray’s budget spends $2.2 trillion more in 2023 (the last year of the budget window) than the 2013 levels – a 62% increase (significantly outpacing inflation)," says a staff member on the Republican side of the Senate Budget Committee.
In an interview that aired earlier today, President Obama said, "[W]e don’t have an immediate crisis in terms of debt. In fact, for the next ten years, it’s gonna be in a sustainable place."
Obama has not released his own budget yet.