How fast is the federal deficit rising?

The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies. The U.S. national public debt consists of two components:

-Debt held by the public includes Treasury securities held by investors outside the federal government, including that held by individuals, corporations, the Federal Reserve System and foreign, state and local governments.

-Debt held by government accounts or intragovernmental debt mainly includes non-marketable Treasury securities held in accounts administered by the federal government that are owed to program beneficiaries, such as the Social Security Trust Fund. Debt held by government accounts represents the cumulative surpluses, including interest earnings, of these accounts that have been invested in Treasury securities.

How fast is the federal deficit rising? In every second of 2011, the federal government spent $41,210 that it didn't have. No agenda. No party line. Just facts. More facts at www.FaceTheFactsUSA.org. A project of The George Washington University.