is easily as bad at a fraction the budget 
(ROOT (VP (VBZ is) (ADJP (RB easily) (RB as) (JJ bad)) (PP (IN at) (NP (DT a) (NN fraction) (DT the) (NN budget)))))
(ROOT (VP (VBZ ) (ADJP (RB ) (RB ) (JJ )) (PP (IN ) (NP (DT ) (NN ) (DT ) (NN )))))