"Obama Budget Reviving Offer of Compromise With Cuts," is the headline on a Times news article about President Obama's budget.
Mr. Obama proposes to keep increasing government spending, just by less than previously planned, and the Times frames it as "cuts."
The budget reportedly includes large tax increases in addition to the one that went into effect at the beginning in the year. Among the proposals listed in the Times article are an increase in the tobacco tax (which the Times does not mention Mr. Obama has already raised once, and which the Times also doesn't mention violates his pledge not to raise taxes on the non "rich.") Also, "a limit of $3 million on how much people can accumulate in tax-preferred savings accounts" and "limiting to 28 percent the deductions that individuals in higher tax brackets can claim." The Times frames this as an "Offer of Compromise," but others may not see it as much as a compromise, because the Republicans don't want to raise taxes more.
The Times article pretty much frames it the way the Obama administration wants it framed.