Deficit forecast hiked to $9 trillion; Debt load to triple
Something else that's scary to consider: Total U.S. government debt is now forecast to TRIPLE to $23 trillion by 2019. That's an increase of $2 trillion from the administration's May estimate. As a percentage of GDP, that'd be 76.5% (compared with 56% now). The debt load hasn't been this high in relative terms since World War II. More details can be found here.