KEITH HENNESSEY: The President’s Budget: Whistling Past The Graveyard. “The President is choosing both a policy path and a campaign strategy. He is betting that having no proposal to address the looming fiscal crisis is better for his reelection prospects than having one.” And the well-being of the country can go hang.

Related: Kick The Can Kid Down The Road. “After all, it’s our kids – not cans – that will feel the boot as multiplying debt forces future taxpayers to do even more with even less.”