This is a tricky question, because what makes for bad politics is certainly up for debate. However, with serious structural and systemic issues with the nation, Obama's budget is simply another instance of kicking the can down the road. The deficit remains tremendous, while we continue to overspend on 'defense' instead of helping people at home. This budget may be better than anything the Republicans can come up with, but that doesn't mean it's a good budget or that we'll be better off for it.
Some of the Obama's fiscal year 2014 budget, would help the United States out of the deficit. The only proposal I agree with is limiting the amount of loop holes for rich Americans when they file their taxes. Everyone else has to pay taxes, the rich should have to pay more taxes because they make more money.
President Obama's fiscal year 2014 contains lots items that are not going be liked by American votes, but are needed to address the massive deficits we are facing and to reform both health care programs and social benefit programs. His budget eliminates tradition tax loopholes for corporations and high-income taxpayers. It also has provisions for the controlling health care expenses and for reducing our long-term debt. It may not be liked by all but that's what being a leader is about.
The FY 2014 budget proposed by the President includes $50 billion for highways and bridge repairs and funding mass transit systems. It eliminates some preferential tax treatment for upper-income taxpayers. The President's budget changes the manner in which inflation indexing is applied to federal benefits such as Social Security and military pensions.
The changes are not popular, but they are not "bad politics." It's a reality check for all Americans.