This chart comes from the White House (check page 58 of the monster PDF file), not from some crazy right wing extremist oppressor of downtrodden poor people and kicker of puppies.
This is the Obama Administration’s current plan, in a document never intended to actually be passed. It’s published strictly for election propaganda (“Look! It’s a do-nothing Congress!!!”), so it’s a very mild version of what they actually want. They tout this as responsible stewardship of your money. Imagine what they’ll actually spend when the election’s over, and they have four years of freedom to enact their agenda without worrying about re-election.