Senate Majority Leader Harry Reid, D-Nev., on Tuesday blasted the Koch brothers again, insisting that the billionaire financiers owned the Republican Party.

Reid also attacked House budget Committee Chairman Paul Ryan, R-Wisc., for his newly released budget.

"It's a blueprint for a modern Koch — how would we say this? Koch-topia," Reid said. "Yes, that's it. K-O-C-H-T-O-P-I-A. Call it whatever you want."

Koch-topia, Reid explained, was only a path to prosperity for the wealthy.

"We might as well call it the Koch budget because that's what they're doing, protecting the Koch brothers," he added.