U.S. Public Debt to Surpass GDP by 2012

via EconomPic by Jake on 6/8/10

Business Week details:

In the U.S., public borrowings passed $13 trillion for the first time this month, according to the Treasury Department. The debt will be larger than U.S. gross domestic product, now $14.2 trillion annually, in 2012, according to the International Monetary Fund.

Source: BEA / Treasury Direct