Senate Majority Leader Harry Reid (D-Nev.) is wasting no time speaking out against Rep. Paul Ryan's (R-Wis.) new budget. The White House, meanwhile, is offering a more toned-down response.

In prepared floor remarks on Tuesday, Reid says the Ryan budget fails basic math.

"Today House Budget Committee Chairman Paul Ryan will unveil an extreme budget that is anything but balanced," Reid says. "It relies on accounting that is creative at best and fraudulent at worst to inflate its claims of deficit reduction," he adds.  

He also says it's basically the same as Ryan's previous budgets.

"This budget reflects the same skewed priorities the Republican Party has championed for years, the same skewed priorities Americans rejected in November," Reid says. "Their budget will once again put moneyed special interests ahead of middle-class families. And no amount of rebranding will hide that."

The White House in a statement agreed that the math in Ryan's budget doesn't add up, but offered a more conciliatory tone.

"We've tried this top-down approach before. The President still believes it is the wrong course for America," White House press secretary Jay Carney said in a statement.

But Carney added: "While the President disagrees with the House Republican approach, we all agree we need to leave a better future for our children. The President will continue to work with Republicans and Democrats in Congress to grow the economy and cut the deficit in a balanced way."

Senate Democrats will also release their budget, spearheaded by Sen. Patty Murray (D-Wash.), this week.