the jacked-up federal budget: thank you Bush, Obama and Congress

Interesting video (h/t: Kurt S.) based on the table on p. 210 in the Obama Budget

Some really messed-up factoids about the federal government's budget in 2012:

-spending exceeds revenues by more than 50%
-spending on mandatory ("entitlement") programs and interest exceed all revenues
-compared to 2012, the Obama budget for 2013 predicts a 47% increase in corporate taxes and a 17% increase in income/payroll taxes
-compared to 2012, the Obama budget predicts an 81% increase in corporate taxes and a 26% increase in income/payroll taxes

With those increases in taxes, I wonder what they're predicting about the impact on prices, spending, jobs and the economy?