From what I've heard, there's not much to worry about in Budapest at the moment, although ground travel to/from neighbouring countries is currently difficult, with trains curtailed to the borders, crowded connecting trains, and extra checks.

But it's difficult to predict what will happen in the next few days.

What are your travel plans for Hungary, bigguyinpasadena? If mostly in the city, and fly in/out, it looks OK for the moment.