Republican Rep. Tom Price, House Budget Committee chairman, said Tuesday that his budget "saves $5.5 trillion, gets to balance within 10 years, without raising taxes." Cliff Owen/AP hide caption

itoggle caption Cliff Owen/AP

President Obama, shown speaking at the University Of Kansas on Jan. 22, defends his budget as an exercise in "middle-class economics." But forecasters at the nonpartisan Tax Policy Center say the 60 percent of Americans at the middle of the income ladder will more or less break even, while most benefits will go to low-income families. Jamie Squire/Getty Images hide caption

itoggle caption Jamie Squire/Getty Images