Budget deficit tops $1 trillion for first time (AP)

That's what happens when a power gets so big and does whatever it takes to stay Top Dog. We did this to ourselves so no need for finger-pointing (that doesn't solve a thing here). We learn from it, change our wasteful habits, and hopefully recover.

no the finger pointing needs to start all you people on the left who want something for free are finnaly seeing what happens and i can't even imange what is going to happen when the govermnet health care comes into this bill. I just wish you people would get off your lazy ass and work for a living and contribute to society and by that i mean work for the private sector not a gravy govermnt job getting your gauarnteed rasies every year thanks to us tax payers, and to the last comment WE did not do this to ourselves just about half of us did not vote for "HOPE AND CHANGE" or should i say "I hope i have some change left in my pocket in 4 years". The finger is pointed at YOU who voted for this clown!!! and I think it should be you who pay for it not US!!!

All the Bush bashers were right! Obama created in SIX Months the debt that took BUSH EIGHT Years. He is much better at wasting yours and my money. Thanks all you OBAMABOTS! OBAMA =One Big A@@ Mistake America!

This debt load & pace is unbeliveable & unstastainable. Just the service to the 2009 debt will be $492 bil at 11.5 bil. If debt rises this year to 12.3 bil, as projected,the service cost will be $526. These rates only assume that if any recovery is to be hoped for, that current interest rates remain where they are. Any recovery that might add even 1% to current rates will make debt service at $649 bil . At Obama's aministrations curret rate of spending, just the service to the debt(with say a 2% increase in interest) will be $967 bil by the time the elections roll around in 2012. I'm afraid we are left with 3 choices, 1. Cut gov spending drasticly, 2. Raise taxes by 100%, to absorb his spending & pay down debt, or 3. File bankruptcy as a nation? If you go with 2, all our jobs will be gone, go with 3, our nation loses all credit, & credibility.

I find it impossible to believe that this governments only economic plan is to increse the size of government, & raise taxes? We may very well need tax increses, but we need smaller government. I would support tax increses only to support the pay down of the debt. Paying off the debt alone would free up $500 billion, inwhich this country could sorely use. But even debt repayment will take 10 to 20 years, but the sooner we as a Nation get started toward that goal, the better. These large plans for health care, & cap & trade, the fact is, this nation cannot afford them, the tax payers are strapped now, just look at home forclosures, & credit defaults. Look to California to see the future, we had better get started with some real, perhaps painfull, cuts. The republicans have moaned & groined, but moaning & groining doesn't pass legistration. You guys there Washington need to get off your dead asses, & look at reality, & be truthful to the American people!