“In the past few years, the federal government has been recording the largest budget deficits since 1945, both in dollar terms and as a share of the economy. Consequently, the amount of federal debt held by the public has surged,” CBO said in a long-term budget outlook that paints a shockingly dark picture of government finances.
http://www.washingtontimes.com/news/2012/jun/5/cbo-federal-debt-double-15-years/
Change we can believe in ....