Relevant:
- The Actual Government Deficit Was $1 Trillion Last Year
- CBO's Revised Budget Sees 2011 Deficit Rising By $500 Billion To $1.5 Trillion; $4 Trillion In Deficit Through 2013 Guarantees QE3+
- Is fiscal austerity coming to Washington?
- The US government lost nearly $1 trillion this past fiscal year. Again.
- Obama to ask for debt limit hike: Treasury official
2009-03-19 — ml-implode.com
"The big news here is that the public debt just passed $11 trillion. At least $2 trillion worth of Treasurys are likely to be sold this year in order to fund the stimulus package, bank bailouts, as well as the government’s existing structural budget deficit. In other words, look for the line in the chart to continue its rapid ascent."
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