The Democrats' "deemed as passed" resolution is missing the most basic elements of a standard budget that is expected each year: total outlays, total federal revenue, total proposed changes to revenue, total deficit levels, and total debt levels.
Connie Hair with Human Events points out that "never before -- since the creation of the Congressional budget process -- has the House failed to pass a budget, failed to propose a budget then deemed the non-existent budget as passed as a means to avoid a direct, recorded vote on a budget, but still allow Congress to spend taxpayer money."
So, knowing full well that our nation is already $13 trillion in debt, House Democrats found it politically expedient to pursue this alternative to a real budget that will allow them to keep up their record levels of spending without having to be fiscally accountable. Now that's leadership for you!
The Republican budget committee has put together a very thorough analysis of this faux-budget - “An Admission of Fiscal Failure”