WASHINGTON - Two things you need to know about President Obama's nearly $4 trillion budget for fiscal year 2013: It will likely add another $1 trillion to a $15.3 trillion debt, and Senate Majority leader Harry Reid says he will not act on any full budget plan this year.
The first tells us that Obama's recklessly irresponsible tax, spend and borrow policies will continue to push the U.S. dangerously closer to the brink of fiscal insolvency.
The second, is proof positive that the highest ranking Democrat in Congress is blocking any action on its No. 1 fiscal responsibility under the United States Constitution.
In other words, Obama's budget is dead on arrival, not at the hands of the Republicans, but as a result of his own party who has not passed a budget in three straight years and won't pass this one, either.
If Obama campaigns around the country this year, as he has promised, railing against a "do nothing" Congress who are blocking action on his agenda, Harry Reid and his gang of accomplices in the Senate are the chief culprits.
House Republican leaders have already announced that they will be sending a budget over to the Senate for its consideration, but Reid is on record saying the Senate does not need to pass a budget and he has no intention of bringing Obama's plan up for a vote.
Federal Reserve Board Chairman Ben Bernanke has testified recently that Congress's failure to pass a budget throughout the economic recession we have endured, and still endure, has had a very negative impact on economic growth because of the uncertainty that has created in the economy.
ABC News' White House correspondent Jake Tapper questioned presidential press secretary Jay Carney about this last week, asking, "who does the president think is right Harry Reid or Ben Bernanke?"
Carney hemmed and hawed, saying "I don't have an opinion to express on how the Senate does its business with regards to this issue." But Tapper persisted. "The White House has no opinion about whether or not the Senate should pass a budget? The president's going to introduce one. The Fed chairman says not having one is bad for growth. But the White House has no opinion?"
Carney resisted a direct answer to Tapper's question, except to say the president "looks forward to the Senate acting on the policy initiatives contained within his budget," knowing full well that the Senate plans no action on his tax and spending proposals.
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