American Empire Spending Its Way to Oblivion

The U.S. Congressional Budget Office today announced, to a stunned audience of financial observers, that the federal government would run a $1.2 trillion budget deficit in calendar 2009. Why is the number so staggering? Because $1.2 trillion is equal to nearly the entire GDP of the nation of Canada.

US debt clock runs out of digits

Until last month, the clock had enough digits to measure US debt levels

The US government's debts have ballooned so badly the National Debt Clock in New York has run out of digits to record the spiralling figure.