US Debt Now Equals US Economy
Another dubious distinction for the US Government: Government debt now equals the value of the US Economy–15 trillion. That Debt will jump to an estimated 21 trillion by 2017.
According to the numbers released to Congress from the White House, as well as Obama’s Budget, the United States is reaching proportions of debt never seen in our nation’s history. The 2011 Obama budget includes the single biggest one year jump in US history.